Boralex to present at the National Bank Financial "New Energy Forum"



    MONTREAL, Oct. 2 /CNW Telbec/ - Boralex Inc. ("Boralex" or the
"Corporation") announces that Mr. Jean-François Thibodeau, Vice-president and
Chief Financial Officer will be making a presentation to institutional
investors at the National Bank Financial "New Energy forum" which will be held
in London (England) Tuesday October 2, 2007 and that a copy of their
presentation will be available on the morning of October 3, 2007 at
http://www.boralex.com/.

    About Boralex

    Boralex is a major private electricity producer whose core business is
the development and operation of power stations that run on renewable energy.
Employing close to 300 people, the Corporation owns and operates 22 power
stations with a combined installed capacity of 347 MW in Quebec, the
northeastern United States and France. Boralex is distinguished by its leading
expertise and long experience in four types of power generation - wind power,
hydroelectric power, thermal and cogeneration power from natural gas or wood
residue. The Boralex shares trade on the Toronto stock exchange under the
ticker symbol BLX. www.boralex.com
    In addition, Boralex holds a 23% interest in Boralex Power Income Fund
which owns 10 power stations in Quebec and the United States with an installed
capacity of close to 190 MW. Management of the Fund's assets is provided by
Boralex.

    Certain statements in this release, including statements regarding future
results and performance, are forward-looking statements based on current
expectations. The accuracy of such statements is subject to a number of risks,
uncertainties and assumptions that may cause actual results to differ
materially from those projected, including, but not limited to, the effect of
general economic conditions, decreased demand for Boralex's products,
increases in raw material costs, fluctuations in currency exchange rates,
fluctuations in sales prices and adverse changes in general market and
industry conditions. The financial statements included in this press release
also contain certain financial measurements that are not recognized as
generally accepted accounting principles.
    To assess the operating performance of its assets and reporting segments,
the Corporation uses Earnings before interest, taxes, depreciation and
amortization (EBITDA) as a performance measurement. EBITDA is not defined
under Generally Accepted Accounting Principles (GAAP) and does not have a
standardized meaning prescribed by GAAP. Therefore, this measure may not be
comparable to similar measures presented by other enterprises. EBITDA is
defined in note 12 of the financial statements included with this press
release, as well as in the latest annual report of the Corporation.




For further information:

For further information: Patricia Lemaire, Director, Communications,
Boralex Inc., (514) 985-1353, patricia.lemaire@boralex.com


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