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Boralex reports 12% higher Q1 power production and $92M operating income, advancing growth with new projects and privatization deal.

Company Fundamentals
14 May 2026
GlobeNewsWire
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Bullish
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In Q1 2026, Boralex increased power production by 12% to 1,888 GWh and operating income rose to $92 million, driven by new site commissions and favorable wind conditions. The company added 394 MW of new projects, including battery storage and wind farms, and secured $202 million financing for a Canadian battery project. Boralex also agreed to a privatization deal with Brookfield and La Caisse, offering shareholders a 31.8% premium, aiming to accelerate growth and project deployment. The transaction awaits shareholder and regulatory approval, expected to close by Q4 2026.

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