BORALEX AND GAZ MÉTRO: CONFERENCE CALL ABOUT THE SEIGNEURIE DE BEAUPRÉ WIND SITES

May 7, 2008 - Financial releases

ADVISORY

Montréal, Québec, May 6, 2008 – Boralex Inc. ( “Boralex” ) and Gaz Métro Limited Partnership ( “Gaz Métro” ) invite the financial analysts to attend a conference call during which Boralex and Gaz Métro will comment on the award and the next steps towards the implementation of the Seigneurie de Beaupré wind sites.

Time and date:  May 7, 2008 at 13:00 p.m. ET

Dial number:   514-807-8791 or 1 866-250-4892

A full replay will be available by dialling 416-640-1917 or toll free at 1 877-289-8525 until May 16, 2008. The access code is 21271379, followed by pound sign (#).

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 of 351 MW in Quebec, the northeastern United States and France. 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. 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.

About Gaz Métro
With more than $3.3 billion of assets and approximately 1,300 employees in Quebec,
Gaz Métro is a leading Quebec energy company and one of Canada’s largest natural gas distributors. Gaz Métro serves about 171,000 customers in Quebec through an underground pipeline network of almost 10,000 km.

Gaz Métro is active in New England’s energy industry through Vermont Gas Systems, the sole natural gas distributor in Vermont, and Green Mountain Power Corporation, the second largest electricity distributor in that State.

Gaz Métro is also active in natural gas transportation and storage as well as in energy services.

For more information:

Patricia Lemaire    
Director, Public Affairs and Communications 
Boralex inc.    
(514) 985-1353   
Cell: (514) 229-2487    
patricia.lemaire@boralex.com

Caroline Warren
Investor Relations
Gaz Métro
(514) 598-3324
cwarren@gazmetro.com

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