MONTRÉAL and BLENDECQUES, France, Sept. 8,
2020 /PRNewswire/ - Boralex Inc. ("Boralex" or the
"Corporation") (TSX: BLX) and Auchan Retail France are thrilled to
announce the signing of a corporate PPA1 through
which Auchan Retail France will locally consume green energy
produced by two wind farms owned and operated by Boralex in the
Hauts-de-France region for a
period of three years, starting January 1,
2021.
The Chépy and Nibas wind farms, respectively commissioned by the
Somme department between 2003 and
2004, and producing a combined total power of 16 MW, will have
their production revived by directly supplying Auchan Retail
France's outlets and warehouses in northern France, including the Mers-les-Bains shopping
centre less than 20 km away from the wind farms.
"We're proud of the confidence that Auchan Retail France has in
us, which shows that our renewable energies promote our
territories' economic strength," said Nicolas Wolff, Vice President and General
Manager, Boralex, Europe. "This
contract between two long-standing Hauts-de-France companies is proof that we can bring
production closer to consumption, so that the green energy produced
by our farms is used every day by French people."
Like Auchan Retail France, Boralex has roots in the
Hauts-de-France region. The
company established its French headquarters in 2001 in Blendecques,
in the Pas-de-Calais region.
Nearly two decades later, Boralex employs more than 70 people in
two agencies and manages more than 400 MW across the region.
Boralex, a pioneer in renewable energy and France's leading independent wind energy
producer, demonstrates its ability, through its partnership with
Auchan Retail France, to provide practical solutions to the needs
and expectations of companies looking to source green energy. "Our
Direction Marchés de l'Énergie, created in 2019, set a goal of
rolling out private power purchase contracts to industrial and
commercial customers in the French market. This agreement with
Auchan Retail France, a well-established, world-renowned
distributor, helps us to move closer to that objective," added
Nicolas Wolff.
This contract is a significant step forward for Boralex in
rolling out its strategic plan for 2023 and strengthens its
position as a business partner.
__________________________
1 A
corporate power purchase agreement is a contract that allows a
manufacturer to get green energy from a renewable energy producer
(wind or solar).
About Boralex
Boralex develops, builds and operates renewable energy
production facilities in Canada,
France, the United Kingdom and the United States. With an installed capacity
of 2,055 MW, Boralex is a leader in the Canadian market and
France's largest independent
producer of onshore wind power. The Corporation is recognized for
its solid experience in optimizing its asset base in four power
generation types — wind, hydroelectric, thermal and solar. Boralex
ensures sustainable growth by leveraging the expertise and
diversification developed over 30 years. Boralex's shares are
listed on the Toronto Stock Exchange under the ticker symbol "BLX."
More information is available at www.boralex.com. Follow us on
Facebook, LinkedIn and Twitter.
About Auchan
Operating in 14 countries, Auchan Retail brings together all
food retail types (hypermarket, supermarket, convenience, drive,
digital) through 2,293 points of sale. Auchan Retail puts its
customers at the core of all its decisions by offering them a
"phygital" shopping experience that combines physical stores with a
digital ecosystem, and exclusive, quality products at the best
value. A next-generation retailer, promoting good, healthy and
local food, Auchan Retail's 329,694 employees are making a
difference by taking a responsible approach with customers, farmers
and suppliers to help everyone live healthier by eating better.
Follow us: www.auchan-retail.com - Twitter @auchannews - LinkedIn
Auchan Retail
View original
content:http://www.prnewswire.com/news-releases/boralex-and-auchan-retail-france-join-forces-to-produce-green-energy-in-the-hauts-de-france-region-301125473.html
SOURCE Boralex Inc.