BRLXF
Boralex Inc.·Utilities
20.95
0.000%(+0.00)
Close PriceLast Updated: — ET
52W L: $17.0652W H: $27.03
BRLXF NEWS
globenewswire.com
May 21
Both Leading Independent Proxy Advisors Recommend Boralex Shareholders Vote FOR Arrangement
MONTRÉAL, May 21, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) is pleased to announce that both leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis"), have issued reports recommending shareholders of Boralex ("Shareholders") vote FOR the previously announced plan of arrangement (the "Arrangement") involving the Corporation and BIF Thunder Holdings Inc., a newly formed entity to be jointly owned by Brookfield Infrastructure Fund V and/or its affiliates and Caisse de dépôt et placement du Québec ("La Caisse"), as more particularly described in the management information circular (the "Circular") recently mailed to Shareholders and available on Boralex's SEDAR+ profile. All capitalized terms not defined herein have the meanings ascribed to such terms in the Circular.
globenewswire.com
May 14
Boralex reports higher operating income and the addition of new growth projects in the first quarter of 2026
MONTREAL, May 14, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) is pleased to report its results for the first quarter of fiscal 2026. Highlights Financial results Higher production and operating income in Q1-2026: Production up 12% (8% on a Combined1 basis)2 from Q1-2025, driven by new site commissioning and better wind conditions, and 1% (4%) below anticipated production;1 Operating income of $92 million ($103 million) in Q1-2026, up $27 million ($4 million) from Q1-2025; EBITDA(A)1 of $174 million ($207 million) in Q1-2026, down $2 million (up $8 million) from Q1-2025 owing mainly to a lower contribution from sites held as joint ventures, as well as to lower short-term power purchase agreement prices in France, both of which were almost entirely offset by the impact of new commissioning; Net earnings of $9 million in Q1-2026, down $32 million from Q1-2025, owing mainly to the recognition of non-recurring expenses arising from the definitive agreement for the acquisition of Boralex by Brookfield and La Caisse.
fool.com
Apr 2
2 Green Energy Stocks to Buy in 2026
Both NextEra Energy and Brookfield Renewable Partners are fast-growing leaders in the clean energy sector.
wsj.com
Mar 25
Boralex Agrees to $2.76 Billion Takeover by Brookfield and Caisse de Depot
Brookfield Asset Management and Caisse de Depot et Placement du Quebec are teaming up to buy Boralex in a deal worth about 3.8 billion Canadian dollars, the equivalent of US$2.76 billion, that aims to accelerate the Canadian renewable energy company's growth as a private company.
globenewswire.com
Mar 25
Boralex Enters into Definitive Agreement to be Acquired by Brookfield, alongside La Caisse, Supporting its Next Phase of Growth as a Standalone Private Company
All amounts are in Canadian dollars unless otherwise stated This Transaction provides Boralex with powerful levers to accelerate the execution of its 2030 Strategic Plan and strengthens its ability to create long-term value for all its stakeholders. Boralex shareholders to receive $37.25 in cash per Common Share, representing a 31.8% premium over the March 20, 2026 closing price on the TSX and a 36.4% premium over the 30-day volume-weighted average price for the period ending March 20, 2026, the last full day of trading prior to the first media report of a strategic review of alternatives.
globenewswire.com
Mar 23
Boralex Responds to Recent Statements in the Media
MONTRÉAL, March 23, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. (the "Corporation") is aware of recent statements in the media regarding a strategic review of alternatives being conducted by the Corporation. The Corporation confirms that its Board of Directors has formed a special committee to review and recommend strategic alternatives. The special committee is continuing its strategic review and there can be no assurance that such review will result in a transaction. The Corporation remains focused on its stated business strategy and enhancing value for its shareholders. The Corporation does not intend to make any further comment unless or until there is a definitive transaction to announce or unless otherwise determined that further disclosure is appropriate or required by law.
