Jun. 28, 2011 (Canada NewsWire Group) --
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 renewable energy.
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 Autissier.
| Ms. Patricia Lemaire |
Director, Publics Affairs and Communications
| WWF France |
+33 (0)1 55 25 84 61
+33 (0)1 55 25 84 70