Business
La Société de projet BVH1, s.e.n.c. Announces a $960 Million Financing for Des Neiges – Secteur sud Wind Project
LA CÔTE-DE-BEAUPRÉ, Quebec, May 15, 2025 (GLOBE NEWSWIRE) -- La Société de projet BVH1, s.e.n.c., consisting of affiliates of each of Boralex Inc, Énergir Développement Inc and Hydro-Québec, is proud to announce having put in place a $960 million financing for the 400 MW Des Neiges - Secteur sud wind power project, currently under construction on the private lands of Seigneurie de Beaupré. This project has the potential to be a major boost to Côte-de-Beaupré's economic development and to contrib
About this update from Boralex Inc. Class A
[{"type":"image","caption":"","headline":"La Société de projet BVH1, s.e.n.c. Announces a $960 Million Financing for Des Neiges – Secteur sud Wind Project","size":{"original":{"width":129,"height":124,"url":"https://media.zenfs.com/en/globenewswire.com/0bc6bff9031b4b5ea2df1393539586a1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.Dl7Ilx7KKUaj5NsRk9qLQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTIwMjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/0bc6bff9031b4b5ea2df1393539586a1","width":129,"height":124}}},{"type":"text","content":"LA CÔTE-DE-BEAUPRÉ, Quebec, May 15, 2025 (GLOBE NEWSWIRE) -- La Société de projet BVH1, s.e.n.c., consisting of affiliates of each of Boralex Inc, Énergir Développement Inc and Hydro-Québec, is proud to announce having put in place a $960 million financing for the 400 MW Des Neiges - Secteur sud wind power project, currently under construction on the private lands of Seigneurie de Beaupré.","length":402,"tagName":"p"},{"type":"text","content":"This project has the potential to be a major boost to Côte-de-Beaupré's economic development and to contribute to Québec's economic and climate resilience. It represents an investment of around $1 billion, and is projected to employ a total of around 500 people during the construction phase, in addition to creating some fifteen jobs during the operation and maintenance phases. Additionally, more than $80 million is expected to be distributed among the host communities, exclusively for the Secteur sud project.","length":522,"tagName":"p"},{"type":"text","content":"“I would like to salute the outstanding collaboration with our partners Énergir and Hydro-Québec in the realization of this vital project for Québec,” said Hugues Girardin, Executive Vice President and General Manager, North America, Boralex. “We've been fortunate enough to successfully develop and operate wind farms on the Seigneurie de Beaupré for nearly 15 years. It's the strength of this partnership that will enable us to bring the Des Neiges - Secteur sud project to fruition, thereby contributing to the province's energy independence and sustainable economic growth.”","length":590,"tagName":"p"},{"type":"text","content":"“The financing of the Des Neiges - Secteur sud wind power project is a testament to Energir's commitment to diversifying our energy portfolio,” said Jean-François J...