Boralex Secures Major UK Wind Farm Financing
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Boralex Secures Major UK Wind Farm Financing

Boralex Inc. Cl A (TSE:BLX) has released an update.

Boralex Inc. has successfully secured long-term financing for the Limekiln Wind Farm in Scotland, its largest European project, with a combined investment of £130M from NatWest and EDC. The wind farm, which is set to operate by the end of 2024, will feature 24 turbines and aims to deliver multiple local benefits, including over £500,000 annually for community initiatives and providing enough energy for around 100,000 homes.

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