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Boralex Inc.

11:53 AM EST - Boralex Inc. : and Gaz Métro Éole Inc., a wholly-owned subsidiary of Gaz Metro Limited Partnership, announced the acquisition of the rights on a wind power project having an installed capacity of 69 megawatts. Indeed, Kruger Énergie Bas-St-Laurent S.E.C., with the consent of Hydro-Québec, has transferred to the Consortium the electricity supply agreement concluded with Hydro-Québec in 2008 following the call for tenders for 2,000 MW of wind energy generated launched by Hydro-Québec in 2005. By buying the contract, the Consortium intends to build a third wind farm on Seigneurie de Beaupré private lands, belonging to the Séminaire de Québec, in the La Côte-de-Beaupré RCM. Once this third project is commissioned, the Seigneurie de Beaupré wind site will become one of the largest in Quebec with an installed capacity of 340 megawatts. Boralex Inc. shares T.BLX are trading up $0.15 at $8.50.