In this financing, a part of Boralex's borrowing costs will depend on whether it achieves ambitious pre-determined sustainability targets. Latest Fintech Insights: "Boralex is a leader in the renewable energy sector promoting a fully integrated vision placing as much importance on achieving our CSR strategy as the financial targets in our strategic plan," said Bruno Guilmette, Vice President and Chief Financial Officer, Boralex. "By producing renewable energy, we're already positively contributing to greenhouse gas reduction. In 2020, our portfolio helped to avoid 296,260 tons of CO2 equivalent emissions. Our ambition is also to go 'beyond renewable energy' by setting different CSR objectives, including strengthening the representation of women in management and across our workforce. This sustainability-linked loan (SLL) aligns well with our intention to increase Boralex's participation in the expanding market."