Boralex paid C$103m (€70m) cash from its own resources and an existing credit facility.

The transaction covers three projects:

  • The A 51MW ”ready-to-build” Moulins du Lohan project in Brittany, France, with construction due to start this fall.
  • A 23.5 MW project in Scotland at an advanced stage of development known as the “A Project.”
  • “B Projects” in Scotland totaling 126MW in development.

The deal also includes 8.500