© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Boralex to Acquire 25% – Wind Farm
Posted 3rd November 2016

Boralex to Acquire 25% – Wind Farm

Boralex Inc.confirms it will be exercising its option to acquire a 25% economic interest in the 230MW Niagara Region wind farm in which Enercon Canada Inc.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Boralex to Acquire 25% – Wind Farm
Image

Boralex Inc. confirms it will be exercising its option (the “Option”) to acquire a 25% economic interest in the 230MW Niagara Region wind farm in which Enercon Canada Inc. (“Enercon”) is the majority owner.

The signature of the Option was previously announced by the Corporation on June 8, 2015.

The closing and pricing of the project financing was announced today by Enercon and based on the final terms contained therein, Boralex has determined that all conditions related to the Option have been met. Boralex and Enercon have agreed that the exercise of the Option would take place on or before December 31, 2016, subject to the parties successfully negotiating and entering into definitive agreements and fulfilling the closing conditions to be contained therein.

Boralex develops, builds and operates renewable energy power facilities in Canada, France and the United States. A leader in the Canadian market and France’s largest independent producer of onshore wind power, the Corporation is recognized for its solid experience in optimizing its asset base in four power generation types – wind, hydroelectric, thermal and solar. Boralex ensures sustained growth by leveraging the expertise and diversification developed over the past 25 years. Boralex’s shares and convertible debentures are listed on the Toronto Stock Exchange under the ticker symbols BLX and BLX.DB.A, respectively. More information is available at http://www.boralex.com  or http://www.sedar.com.

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
OPKO Health Acquires EirGen Pharma
M&A
28/05/2015OPKO Health Acquires EirGen Pharma

OPKO Health Acquires EirGen Pharma

Read Full PostRead - Eye Icon
6 Common Reasons Why New Stock Market Investors Fail
Finance
14/12/20206 Common Reasons Why New Stock Market Investors Fail

While trading has been made easier than ever thanks to all the tools and options we now have at our disposal, it is still far from easy.

Read Full PostRead - Eye Icon
Hecla to Acquire Mines Management
M&A
24/05/2016Hecla to Acquire Mines Management

Hecla Mining Company (NYSE:HL) (Hecla) and Mines Management, Inc. (NYSE MKT:MGN, TSX: MGT) (Mines Management) today announced a merger agreement with Hecla acquiring Mines Management.

Read Full PostRead - Eye Icon
Is Bitcoins a Good Investment? 4 Ways to Make Serious Money in Online Trading
Finance
15/11/2021Is Bitcoins a Good Investment? 4 Ways to Make Serious Money in Online Trading

Many people have asked the question: is Bitcoin a good investment? This is a simple question to answer, as Bitcoin has become the talk of town. This virtual currency is not governed by any government and it functions through the network of computers across the

Read Full PostRead - Eye Icon
Franklin advises Altice for the sale of stakes
M&A
25/06/2018Franklin advises Altice for the sale of stakes

Franklin advises Altice for the sale of stakes in its French and Portuguese telecom tower business

Read Full PostRead - Eye Icon
Best Independent Investment Manager – Louisiana & Recognised Leaders in Fixed Income & Macro Strateg
Finance
01/07/2016Best Independent Investment Manager – Louisiana & Recognised Leaders in Fixed Income & Macro Strateg

Callais Capital is a family office and independent investment manager based in Southern Louisiana. Harold Callais provides us with a riveting insight into the firm and the financial products it offers.

Read Full PostRead - Eye Icon
Emerging Trends in Influencer Marketing Within Niche Markets
News
15/10/2024Emerging Trends in Influencer Marketing Within Niche Markets

The number of influencers rises yearly, primarily because microblogging and short-form platforms make it easy to pick up an account and start advertising.

Read Full PostRead - Eye Icon
Utah Business Building 101: How Do You Start a Business in the State?
News
29/03/2023Utah Business Building 101: How Do You Start a Business in the State?

Creating a business is a great opportunity to make a lasting mark not only on your finances but also on a specific industry. The customer base in the USA is huge! There’s always a demand that needs to be met and a market to be tapped.

Read Full PostRead - Eye Icon
RSM US Adopts Stellar Cyber’s Open XDR to Enhance Managed Cybersecurity Offering
Innovation
28/02/2024RSM US Adopts Stellar Cyber’s Open XDR to Enhance Managed Cybersecurity Offering

Managed security services provider RSM US has announced that the company has begun to leverage Stellar Cyber’s open extended detection and response (“Open XDR”) platform to simplify the way it delivers cybersecurity coverage for its customers.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow