Boralex Inc. has officially announced the commissioning of Artois and Chemin de Grès wind farms in France.
The Artois (23MW) and the Chemin de Grès (30MW) have been developed by Ecotera Développement with construction and installation led by Boralex. Both wind farms are composed of Vestas V112 wind turbines with investments totalling $134 million, but are expected to generate $16 million in annual EBITDA(A).
According to the press release: Both (wind farms) are covered by a 15-year indexed power purchase agreement with Électricité de France (EDF), effective on December 1, 2017… Together, they will power over 30,000 homes per year and avoid approximately 20,000 tonnes of CO₂ emissions per year.
Vice-president and General Manager of Boralex Europe, Patrick Decostre said, “Artois and Chemin de Grès are the last two wind farms commissioned this year in France. On behalf of Boralex, I’d like to congratulate the teams, with whose support the Corporation now operates 635 MW in France.”
Boralex President and CEO, Patrick Lemaire said, “The commercial commissioning of these two wind farms has stepped up our progress toward achieving our medium-term target of 2,000 MW by 2020. We’re making further inroads as France’s largest independent renewable energy producer of onshore wind power.”