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Boralex Inc

09:47 AM EST - Boralex Inc : announced that its subsidiary Boralex Europe S.A. has closed a long-term financing for the 26 MW portion of the La Vallée wind project. The financing is being underwritten by a French banking consortium composed of OSEO, Crédit Coopératif and Crédit Mutuel ARKEA. The final amount is €33 million ($43 million), or about 77% of the total investment. Financing for remaining 6 MW will be completed within a few weeks when certain standard closing conditions are satisfied. Boralex Inc
shares T.BLX are trading up $0.10 at $9.19.