TSE:BLX

Boralex engages in the development and operation of renewable energy power facilities in Canada, France, the UK, and the U.S. It is the largest independent producer of onshore wind power in France.

Its operating segments include wind (89% of its portfolio), hydroelectric (8%), thermal (2%) and solar assets (1%) with a total production capacity of 1,919 MW.

By geography, Canada and France are its largest markets accounting for 48% each of its total asset allocation, followed by the U.S. More than 98% of its revenues are derived from energy sales under contract, which ensures stable and predictable cash flow.

With more than thirty years of experience, Boralex has developed a strong expertise and established diversified businesses. As a major player in the renewable energy sector, Boralex should benefit from the increasing rates of clean energy adoption in its major markets given its solid reputation of an independent power producer.