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