MONTRÉAL, March 10, 2017 /PRNewswire/ - Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) announced the appointment today of Alain Rhéaume as Chairman of the Board of Boralex. Mr. Rhéaume succeeds Robert F. Hall, who decided to resign as director and Chairman of the Board for personal reasons, effective immediately.
Mr. Rhéaume has been a director of the Corporation since 2010. He has served and continues to serve on the boards of directors of a number of public companies and has significant corporate governance experience. He has held management positions at Microcell Telecommunications Inc. and Rogers Wireless Inc. Mr. Rhéaume also served as Associate Deputy Minister with the Ministère des Finances du Québec from 1988 to 1992, then Deputy Minister from 1992 to 1996.
Mr. Hall had been a director of Boralex since May 2012 and chaired the Board from May 2013.
"We're pleased to welcome Alain Rhéaume to his new role. His Board experience, his leadership and his knowledge will contribute to ensuring continuity in corporate strategy and meeting our objectives. On behalf of all directors and officers, I'd like to thank Robert F. Hall. His professional and rigorous approach has helped the Corporation thrive over the past few years, for which we are grateful. We wish him the best in his future plans," said Boralex President and Chief Executive Officer Patrick Lemaire.
Boralex develops, builds and operates renewable energy power facilities in Canada, France and the United States. A leader in the Canadian market and France's largest independent producer of onshore wind power, the Corporation is recognized for its solid experience in optimizing its asset base in four power generation types — wind, hydroelectric, thermal and solar. Boralex ensures sustained growth by leveraging the expertise and diversification developed over the past 25 years. Boralex's shares and convertible debentures are listed on the Toronto Stock Exchange under the ticker symbols BLX and BLX.DB.A, respectively. More information is available at www.boralex.com or www.sedar.com.
SOURCE Boralex Inc.