Boralex closed the transaction to acquire the Kallista Energy Investment, for a consideration of €129.4m ($160m) and the assumption of €94m ($116.2m) in project debt. "I'm delighted with the closing of this transaction," said Patrick Lemaire, President and Chief Executive Officer of Boralex. "Boralex has strengthened its position as France's largest independent wind power producer with an installed capacity of 772 MW, while significantly improving its growth prospects in light of the very ambitious renewable energy development goals set by the French government."