Boralex, Inc completes $33.4 million financing for the 10 MW Port Ryerse wind farm 

Canada-based Boralex, Inc. has completed a $33.4 million financing for the 10 MW Port Ryerse wind farm in Ontario, Canada. The long-term financing is provided by DZ Bank AG. It consists of a $2 million credit facility and a long-term tranche of $31.4 million. The latter will be amortised over a period of 18 years beginning from the date of  commercial operations. The project is covered under a 20-year PPA with Ontario’s Independent Electricity System Operator.

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