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Boralex Canada operates 100% green in Europe

 Last Update: 2023-01-03
 Source: Internet
 Author: User

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cogeneration

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Canadian renewable energy producer Boralex recently sold its 12 MW Blendecques cogeneration plant in France to local papermaker Norpaper, making it a 100% green operator
in its European operations.

The deal was completed on Friday on undisclosed financial terms, and the paper mill also became the sole beneficiary of the plant
.

Boralex said in a statement that the sale is in line with the company's strategic plan for 2023 and enables it to become a 100% green operator
in Europe.

Nicolas Wolff, Vice President and Managing Director of Boralex Europe, said: "In essence, this activity is no longer aligned with
our renewable energy production site.
This sale will allow us to focus our full time on
our strategic assets.
”

According to information on its website, Boralex still has a 35-megawatt thermal power station
in Senneterre, Quebec, Canada.

Canadian renewable energy producer Boralex recently sold its 12 MW Blendecques cogeneration plant in France to local papermaker Norpaper, making it a 100% green operator
in its European operations.

The deal was completed on Friday on undisclosed financial terms, and the paper mill also became the sole beneficiary of the plant
.

Boralex said in a statement that the sale is in line with the company's strategic plan for 2023 and enables it to become a 100% green operator
in Europe.

According to information on its website, Boralex still has a 35-megawatt thermal power station
in Senneterre, Quebec, Canada.

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