MONTREAL, June 28, 2011 /CNW Telbec/ - Boralex Inc. ("Boralex" or the
"Corporation") has become a strategic partner of WWF France through its
French subsidiary Boralex SAS.
"It's an honour for Boralex to be associated with WWF France, the
leading international organization whose mission is to protect nature
and defend the environment," says Patrick Decostre, General Manager,
Boralex Europe. He adds that "Boralex has always sought to minimize its
environmental footprint and through this partnership it will confirm
its commitment to sustainability."
"Given the danger from climate change, WWF France must support the
development of renewable energy in a constructive and sustainable
manner," says Serge Orru, Director General of WWF France.
The partnership between the two organizations is based on a natural
complementarity in their objectives. WWF France is trying to stop the
deterioration of the environment and build a future where human beings
can live in harmony with nature. To do so, it joins forces with select
organizations who share a similar desire to implement serious and
sustainable solutions. Boralex, which has been a player in the
renewable energy sector in France for close to 10 years, has adopted
practices to reduce the environmental impact of developing and
operating its renewable energy projects.
While Boralex considers it a necessity to develop renewable energy, such
development must not be detrimental to the environment, which means it
must not diminish biodiversity or reduce the amount of farmland. In
keeping with this belief, Boralex will involve WWF France in the
process of selecting future wind power and solar power sites in an
effort to reduce, while steadily moving forward, the potential impacts
of such developments.
For WWF France, this strategic partnership will also involve encouraging
local stakeholders to support renewable energy projects and
participating in awareness-building to promote energy savings and
Lastly, this partnership will make Boralex one of the leading corporate
sponsors of the WWF France program to fight climate change.
Boralex is a power producer whose core business involves developing and
operating renewable energy power stations with a total installed
capacity of 700 MW in Canada, the Northeastern United States and
France. Boralex is also committed under power development projects,
both independently and with European and Canadian partners, to add
approximately 400 MW of power. With nearly 350 employees, Boralex is
known for its diversified expertise and in-depth experience in three
power generation segments — wind, hydroelectric and thermal — and will
add a fourth segment to its energy portfolio with the upcoming
commissioning of its first solar power station. Boralex's shares and convertible debentures are listed on the Toronto
Stock Exchange under the ticker symbols BLX and BLX.DB, respectively.
More information is available at www.boralex.com or www.sedar.com.
About WWF France
The WWF is one of the very first independent environmental-protection
organizations in the world. With an active network in more than 100
countries and the support of 5 million members worldwide, the WWF works
to halt the destruction of the planet's natural environment and to
build a future where people live in harmony with nature by protecting
global biological diversity, ensuring sustainable use of renewable
natural resources and encouraging the reduction of pollution and waste.
This year the WWF is celebrating its 50th anniversary.
Since 1973, WWF France has worked every day to ensure future generations
enjoy a living planet. With the support of its volunteers and its
170,000 donors, WWF France organizes concrete actions to save natural
ecosystems and their species, ensure the promotion of sustainable
lifestyles, train decision-makers, help businesses reduce their
environmental footprint and educate the young. But for change to be
accepted, it must take place in a manner that respects each individual.
That is why the philosophy of the WWF is based on dialogue and action.
Since December 2009, WWF France has been headed by navigator Isabelle
SOURCE BORALEX INC.
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