Boralex and Temiscouata RCM Sign Wind Power Electricity Supply Agreement

MONTREAL - - Boralex Inc. and the Temiscouata RCM have signed a 20-year electricity supply agreement with Hydro-Québec Distribution for their wind power project.

"Signing the agreement with Hydro-Québec Distribution is an important stage in establishing Témiscouata wind farm," says Patrick Lemaire, President and Chief Executive Officer of Boralex. He adds that the "Témiscouata wind power project will be Boralex's first in this region, which has been an enthusiastic supporter of wind power for years."

"We are especially proud of being partners in this wind farm," says Serge Fortin, reeve of the Témiscouata RCM. "The project is a model in terms of community participation and involvement. Our whole area will benefit," he adds.

The Témiscouata wind power project was allotted to the Partners under the call for tenders to develop 250 MW of community wind power. Located on public land in the municipality of Saint-Honoré-de-Témiscouata, the 25 MW Témiscouata wind farm will start operating in late 2014. The environmental impact study for the wind power project is currently underway and the partners are going through each step in the environmental approval process.

The contract will be subject for approval by the Régie de l'énergie and the project will need to obtain all the authorizations and permits required by public authorities prior to construction.