Boralex’s hydroelectric plants accounted for more than half the fund’s revenue in the second quarter, compared with 23% last year. The fund said it had earned US$4.8M for the second quarter ending 30 June. This compares with profits of US$2.7M for the same period in 2003. Quarterly revenues from energy sales rose 68% to US$19.2M, compared with US$11.4M last year.Boralex owns 10 generating stations in Quebec, Canada and the US. In total the power stations have an installed capacity of 190MW.
