Boralex Inc.
Boralex Inc. is a Canadian renewable energy company dedicated to developing, building, and operating power facilities that provide affordable, reliable, and accessible clean energy. Its mission is to actively contribute to the fight against climate change by delivering high-quality wind, solar, hydro, and storage assets that create long-term value for communities, partners, and shareholders. The company's registered office is located in Kingsey Falls, Quebec, Canada.
Boralex's portfolio encompasses wind farms, hydroelectric power stations, solar energy facilities, and energy storage solutions. The company operates across Canada, France, the United States, and the United Kingdom, holding a significant market position as a leader in the Canadian renewable energy sector and France's largest independent producer of onshore wind power. Its business model relies on long-term power purchase agreements, ensuring stable revenue streams.
In recent developments, Boralex Inc. announced a definitive agreement to be acquired by Brookfield, alongside La Caisse, with the aim of supporting its next phase of growth as a standalone private company. Patrick Decostre serves as the President and Chief Executive Officer. The company continues to expand its operational footprint, recently commissioning Canada's largest operating battery storage facility, the Hagersville Battery Energy Storage Park, and remains committed to achieving net-zero emissions across its value chain by 2050.
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