Montreal-based renewable energy developer Boralex has acquired Wind2, gaining approximately 350 megawatts of advanced UK wind projects across Scotland, England and Wales. The company announced the deal in late October 2026. Wind2’s teams in its Edinburgh and Welsh offices will join Boralex, strengthening local development and planning capabilities.

The purchase price was not disclosed. Crucially, the 350 MW refers to projects in development—not turbines already generating power. Wind2, established in 2016, also develops solar farms and mixed-technology renewable-energy parks.

A larger UK wind-development platform

Boralex already operates Scotland’s 106 MW Limekiln Wind Farm, commissioned in April 2025. It separately reports two UK wind and storage assets totaling 73 MW under construction and a 1.7 GW development pipeline. The acquisition announcement does not specify whether Wind2’s capacity is included in that pipeline figure; adding them mechanically would risk double counting.

What is inside Wind2’s portfolio?

Wind2 lists the proposed Windburn Wind Farm in central Scotland and Lairdmannoch Energy Park in Dumfries and Galloway among its developments. Their scale remains subject to planning: updated Scottish regulatory records describe Lairdmannoch as an approximately 93 MW proposal with eight turbines, differing from earlier nine-turbine, 100 MW publicity. These are evolving proposals, not completed generating sites.

The investment question

Boralex’s UK expansion follows its March purchase of two other projects exceeding 58 MW and Brookfield and La Caisse’s August takeover of Boralex. Project economics depend on grid access, construction costs, permits and revenue contracts. Our power-purchase-agreement explainer describes one financing route; another recent wind-portfolio transaction illustrates investor demand.

Next, developers must secure project approvals, finalize grid connections and construction schedules, and demonstrate how acquired projects will move toward operation. The transaction expands Boralex’s development footprint today; its additional electricity production remains prospective, unlike operating wind generation or the offshore projects being advanced elsewhere in Europe.

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