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Boralex commissions 56 MW of wind capacity in France

Wind farm in southern France. Author: harmishhk. License: Creative Commons, Attribution-ShareAlike 2.0 Generic

December 6 (Renewables Now) - Canadian renewables developer Boralex Inc (TSE:BLX) said today it has commissioned three wind farms in Northeastern France with a combined capacity of 56 MW.

The company announced the start of commercial operations at the 10-MW Noyers Bucamps, 20-MW Hauts de Comble and 26-MW Coteaux du Blaiseron wind farms. It also said that the 10-MW Le Pelon wind park in the department of Deux Sevres should be commissioned on January 1, 2019, thus bringing the company’s total capacity in France to 898 MW. Overall, it will have 1,919 MW around the world.

Moreover, three other such facilities are expected to be plugged in during the first half of 2019. These are the 24-MW Sources de l’Ancre, 20-MW Basse Thierache Nord and 10-MW Catesis wind parks.

Boralex noted that the Noyers Bucamps and Hauts de Comble plants will generate EUR 1.5 million (USD 1.7m) and EUR 4.5 million in adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) a year, respectively. At the same time, Coteaux du Blaiseron and Le Pelon are seen to contribute EUR 3.5 million and EUR 1.6 million. Each of them has a 15-year indexed power purchase agreement (PPA) with local utility EDF SA (EPA:EDF).

Meanwhile, Le Pelon has a 15-year feed-in premium agreement.

(EUR 1.0 = USD 1.135)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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