ReEnergy Holdings LLC, an Albany, NY-based renewable energy company, announced today that it has entered into an agreement to acquire a portfolio of five U.S. biomass energy-production facilities in Maine and New York from Quebec-based Boralex Inc.

MONTREAL -- Boralex Inc. has signed a binding agreement to sell its five U.S. wood-residue power stations with a total installed capacity of 186 MW to ReEnergy Holdings LLC for approximately US $93 million.

Boralex Inc. ("Boralex" or the "Corporation") has signed a binding agreement to sell its U.S. wood-residue power stations with a total installed capacity of 186 MW to ReEnergy Holdings LLC for approximately US$93 million.