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Article: Boralex Announces Results for Third Quarter 2009.
- Article from:
- PR Newswire
- Article date:
- November 11, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MONTREAL, Nov. 11 /PRNewswire-FirstCall/ -- Boralex Inc. ("Boralex" or the "Corporation") reported $39.7 million in revenue from energy sales in the third quarter 2009, down $9.1 million, stemming from lower electricity prices in the U.S. market and, to a lesser extent, lower production volumes by the wood-residue power stations. The decrease was partially offset by higher power generation in the hydroelectric segment, which was above the historical average.
(in millions of dollars, except per share data)
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