Boralex Inc. has confirmed that its Board of Directors has set up a special committee to review and suggest strategic alternatives following recent media reports. The special committee is in the process of conducting a strategic review, but there is no guarantee that it will lead to a transaction. The Corporation emphasizes its commitment to its business strategy and creating value for its shareholders. It has stated that no additional comments will be made unless a definitive transaction is ready to be announced or if further disclosure is necessary by law.