2 Boralex Projects Totalling 365 MW Selected in Hydro-Québec Wind Power Call for Tenders - Seite 2

Boralex and its partners will now turn their attention to the proper execution of power purchase agreements with Hydro-Québec while pursuing the development activities of the projects. The information and consultation process will continue in order to factor in the comments and interests of the host communities. Addressing the local population’s concerns and interest has always been a priority for Boralex and its partners.

A favourable energy context in Québec

This call for tenders comes at a time of strong growth for renewable energies in Québec, particularly wind power. Hydro-Québec has announced that it needs between 150 and 200 TWh of new energy supplies by 2050 to meet projected commercial and residential demand, and thus contribute to the province of Québec’s decarbonization targets. Hydro-Québec has set itself the target of integrating 10,000 MW of new wind power capacity by 2035, while Québec will need to generate an additional 60 TWh by 2035.

About Boralex

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3 GW. We are developing a portfolio of close to 6.4 GW in wind, solar projects and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

For more information, visit boralex.com or sedarplus.com. Follow us on Facebook, Twitter and LinkedIn.

For more information

MEDIA	INVESTOR RELATIONS
Camille Laventure Advisor, Public Affairs and External Communications Boralex Inc. 438 883-8580 [e-mail]	Stéphane Milot Vice President, Investor Relations Boralex Inc. 514 213-1045 [e-mail]

Source: Boralex inc.