Boralex & Saint-Gobain sign 20-Year PPA for renewable energy plants

Boralex Inc., a Canadian renewable energy company and French construction material maker Saint-Gobain have announced a 20-year Power Purchase Agreement (PPA) in France, involving three renewable energy plants that Boralex will develop, build, and operate. This agreement combines wind and solar power to support Saint-Gobain’s industrial operations in France with a stable renewable electricity supply, leveraging the complementary strengths of both energy sources.

Under the agreement, two solar power plants and one wind farm are set to come online between Q1 2026 and Q1 2027. Together, these plants will generate approximately 110 GWh annually, equivalent to the electricity usage of over 50,000 residents. This output is expected to cover about 10% of Saint-Gobain’s electricity needs in France.

Claire Pedini, Senior Vice-President, Human Resources and Corporate Social responsibility for SaintGobain said, “This agreement marks a further step in our strategy to decarbonise our operations in France. Thanks to this collaboration with Boralex, we will not only be able to secure a long-term supply of renewable energy, but above all support our industrial sites across the country in their energy transition. This agreement is a further illustration of our commitment to leading industry towards a more sustainable future.”

Nicolas Wolff, Executive Vice President and General Manager of Boralex in Europe said, “This PPA illustrates our ability to offer tailored solutions to our customers, based on our diversified wind and solar portfolio. We are delighted with this new partnership, which is based on a relationship of trust. It will enable Saint-Gobain to secure competitive and sustainable energy over 20 years whilst contributing to a successful energy transition.”

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