Boralex announces election of directors
MONTREAL, May 7, 2014 /PRNewswire/ - Boralex Inc. (" Boralex " or the " Corporation ") announced today that the nominees listed in the management proxy circular dated March 10, 2014 were elected as directors of Boralex. The detailed results of the vote for the election of directors held at Boralex's Annual Meeting of Shareholders on May 7, 2014 are set out below.
All of the nominees proposed by management were elected by a majority of the votes cast by the shareholders present or represented by proxy at the meeting as follows:
|Nominee||Votes for||Votes Withheld|
|Robert F. Hall||27,345,890||99.60||110,931||0.40|
|Edward H. Kernaghan||27,358,043||99.64||98,778||0.36|
Final voting results on all matters voted at the Annual Meeting held earlier today will be filed with the Canadian securities regulators.
Boralex is a power producer whose core business is dedicated to the development and the operation of renewable energy power stations. Currently, the Corporation operates an asset base with an installed capacity of more than 650 MW in Canada, France and the Northeastern United States. Boralex is also committed under power development projects, both independently and with Canadian and European partners, to add approximately 250 MW of power that will be put in service by the end of 2015. With more than 200 employees, Boralex is known for its diversified expertise and in-depth experience in four power generation types — wind, hydroelectric, thermal and solar. 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.
SOURCE Boralex Inc.