Boralex Power Income Fund Declares Cash Distribution
MONTREAL, June 17 /CNW Telbec/ - Boralex Power Income Fund (the "Fund") has today declared its monthly cash distribution in the amount of $0.03333 per trust unit.
The distribution will be paid on July 21, 2010, to Unitholders of record at the close of business on June 28, 2010, regardless of whether Unitholders have tendered or will tender their Units pursuant to the outstanding bid by Boralex Inc. to acquire all the outstanding units of the Fund.
About Boralex Power Income Fund
Boralex Power Income Fund is an unincorporated open-ended trust that indirectly owns ten power generating stations located in the province of Québec and the United States producing energy from different sources including wood-residue or natural gas-fired thermal and cogenerating facilities as well as hydroelectric power stations. In total, these power stations have an installed capacity of 190 MW. The Fund's units are listed for trading on The Toronto Stock Exchange under the symbol BPT.UN.
For further information: Ms. Patricia Lemaire, Director, Public Affairs and Communications, Boralex Power Inc., 514-985-1353, [email protected]
Share this article