Canada’s Boralex saw its net loss more than quadruple in the second quarter, with the renewables operator pointing to the abrupt cancellation of its Otter Creek wind project by the new Ontario government and weaker than expected output at its existing wind farms in Canada and France.

Quebec-based Boralex, which will own 1.8GW of operating renewables capacity after a deal with Invenergy closes this month, reported a net loss for the second quarter of C$33m ($25m), compared to a C$7m loss for the same period last year.