125 MW Awarded in Ontario LT1 RFP: Boralex consolidates its position as a leading battery storage developer in Canada

MONTREAL, May 10, 2024 (GLOBE NEWSWIRE) — Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) has announced the selection of the Oxford Battery Energy Storage project totalling 125 MW of nameplate capacity. This project was selected by Ontario’s Independent Electricity Systems Operator (IESO) further to its Long-Term Request for Proposals (LT1 RFP). This project adds to Boralex’s existing battery energy storage project portfolio which includes the 300 MW Hagersville and the 80 MW Tilbury projects, which were selected by the IESO in last year’s solicitation.

(GlobeNewsWire)