Boralex acquires rights for Ontario wind project
The wind power project, located in the municipality of Chatham-Kent, will be submitted into the Ontario Power Authority's third request for proposal (RFP) for 500MW of renewable energy supply likely due in fall 2008.
This RFP represents one of the measures taken by the Ontario government in view of securing 2,000MW of renewable energy.
Patrick Lemaire, president and CEO of Boralex, said: "This strategic acquisition allows Boralex to reinforce its presence in Canada, principally in a region favorable to the production of renewable energy, and in a sector where its expertise is recognized."
Related News
Tube Strikes Disrupt London Economy
LONDON - London's economy is facing significant challenges due to ongoing tube strikes, with businesses across the city experiencing disruptions that are impacting their operations and bottom lines.
Impact on Small Businesses
Small businesses, particularly those in the hospitality sector, are bearing the brunt of the disruptions caused by the strikes. Many establishments rely on the steady flow of commuters and tourists that the tube system facilitates. With reduced transportation options, foot traffic has dwindled, leading to decreased sales and, in some cases, temporary closures.
Economic Consequences
The strikes are not only affecting individual businesses but are also having a…
