Boralex Acquires Canadian Wood Recycler

Boralex Inc. has acquired Secure Wood Chips L.P., a limited partnership specialized in wood processing and recycling located in Montreal for $850,000. The site has the capacity to receive and sort 40,000 tons per year of wood waste from demolition sites and landscaping in Montréal and surrounding areas.

Boralex uses more than 3 million tons of this type of wood residue to operate its eight thermal stations of which two are located in Quebec and six in the United States. The company has already diversified its sources of supply of wood residue notably the recycled wood, building and demolition wood, paper- mill sludge and railroad ties.

Boralex owns and operates 16 generating stations producing energy from different sources including wood-residue or natural gas fired thermal and cogeneration facilities and hydroelectric power stations.