July 16, 2008

Advisory – Boralex – Release of the 2008 Second Quarter Results

MONTREAL, July 16 /PRNewswire-FirstCall/ -- Boralex Inc. ("Boralex" or the "Corporation") announces that the release of the 2008 second quarter results will take place on Friday, August 8, 2008.

Financial analysts are invited to attend a conference call during which the financial results will be presented.

   Time and date:        Friday, August 8, 2008 at 10:00 a.m. ET    Dial number:          514-807-8791 or 1 800-796-7558   
Medias and other interested individuals are invited to listen to the conference and to look at a presentation which will be broadcast live or deferred on the Boralex corporate website at http://www.boralex.com/. A full replay will also be available by dialling 416-640-1917 or toll free at 1 877-289-8525 until August 15, 2008. The access code is 21278113, followed by pound sign #.

The financial information will be released through a press release on August 8, 2008 at 7:00 a.m. and the Boralex's website on the morning of August 8, 2008.

About Boralex

Boralex is a major private electricity producer whose core business is the development and operation of power stations that run on renewable energy. Employing close to 300 people, the Corporation owns and operates 21 power stations with a combined installed capacity MW of 351 MW in Quebec, the northeastern United States and France. The Corporation also has 240 MW of contracted capacity for future production sites. Boralex is distinguished by its leading expertise and long experience in three types of power generation - wind, hydroelectric and thermal. The Boralex shares trade on the Toronto stock exchange under the ticker symbol BLX. http://www.boralex.com/

In addition, Boralex holds a 23% interest in Boralex Power Income Fund which owns 10 power stations in Quebec and the United States with an installed capacity of close to 190 MW. Management of the Fund's assets is provided by Boralex.

Boralex Inc.

CONTACT: Ms. Patricia Lemaire, Director, Public Affairs andCommunications, Boralex Inc., (514) 985-1353, [email protected]