BRIEF-Boralex acquires a portfolio of wind power projects in France and Scotland

Fri Sep 16, 2016 8:57am EDT
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Sept 16 (Reuters) - Boralex Inc

* Boralex acquires a portfolio of wind power projects of nearly 200 MW in France and in Scotland

* Boralex will decide in coming months about potential sale of acquired land

* Deal for C$103 million

* Says consideration was fully paid in cash using Boralex's existing revolving credit facility and its cash resources

* Says n advanced discussions with BNP Paribas SA regarding a 24-month bridge loan of nearly EUR 45 million

* Boralex will continue study and develop A and B projects based on regulatory framework prevailing in Scotland Source text for Eikon: Further company coverage: