Saint-Gobain to offtake solar, wind power from Boralex in France

French building materials maker Compagnie de Saint-Gobain SA (EPA:SGO) has agreed to procure solar and wind power from three plants developed by Canadian renewable power producer Boralex Inc (TSE:BLX) in France.

The 20-year power purchase agreement (PPA) concerns two solar power plants and one wind farm which, once operational, will be capable of producing 110 GWh of clean electricity annually.

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The sites are expected to go live between the first quarter of 2026 and the first quarter of 2027.

Boralex has a portfolio with an installed capacity of more than 3 GW and a project pipeline of nearly 6.7 GW of wind, solar and energy storage. The company operates in Canada, the US, the UK and France.

The deal with Boralex comes as the latest for Saint-Gobain as part of its push to decarbonise its operations both at home and globally. It follows PPAs with TotalEnergies, OMV Petrom and Axpo Holding inked earlier this year.