Latest news with #Boralex
Globe and Mail
08-07-2025
- Business
- Globe and Mail
Boralex will release its 2025 second quarter financial results on August 8, at 11 a.m.
MONTREAL, July 08, 2025 (GLOBE NEWSWIRE) -- Boralex inc. ('Boralex' or the 'Company') (TSX: BLX) announces that the release of the 2025 second quarter results will take place on Friday, August 8, 2025, at 11 a.m. Financial analysts and investors are invited to attend a conference call during which the financial results will be presented. Date and time Friday, August 8, 2025, at 11 a.m. ET To attend the conference Webcast link: To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone. Media and other interested individuals are invited to listen to the conference and view the presentation which will be broadcasted live. A full replay will also be available on Boralex's website until August 8, 2026. The financial information will be released through a press release and on Boralex's website on August 8, 2025, at 7 a.m. About Boralex At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France's largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50% to 3.2 GW. We are developing a portfolio of projects in development and construction of more than 8 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Recognized as Best Corporate Citizen in Canada by Corporate Knights, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, discipline, expertise and diversity, we continue to be an industry leader. Boralex's shares are listed on the Toronto Stock Exchange under the ticker symbol BLX. For more information
Yahoo
08-07-2025
- Business
- Yahoo
Boralex will release its 2025 second quarter financial results on August 8, at 11 a.m.
MONTREAL, July 08, 2025 (GLOBE NEWSWIRE) -- Boralex inc. ('Boralex' or the 'Company') (TSX: BLX) announces that the release of the 2025 second quarter results will take place on Friday, August 8, 2025, at 11 a.m. Financial analysts and investors are invited to attend a conference call during which the financial results will be presented. Date and time Friday, August 8, 2025, at 11 a.m. ET To attend the conference Webcast link: To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone. Media and other interested individuals are invited to listen to the conference and view the presentation which will be broadcasted live. A full replay will also be available on Boralex's website until August 8, 2026. The financial information will be released through a press release and on Boralex's website on August 8, 2025, at 7 a.m. About Boralex At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France's largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50% to 3.2 GW. We are developing a portfolio of projects in development and construction of more than 8 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Recognized as Best Corporate Citizen in Canada by Corporate Knights, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, discipline, expertise and diversity, we continue to be an industry leader. Boralex's shares are listed on the Toronto Stock Exchange under the ticker symbol BLX. For more information, visit or Follow us on Facebook, LinkedIn and Instagram. For more information MEDIA INVESTOR RELATIONS Camille LaventureSenior Advisor, Public Affairs and External Communications Boralex Stéphane MilotVice President, Investor Relations and Financial Planning and AnalysisBoralex Sign in to access your portfolio
Globe and Mail
07-07-2025
- Business
- Globe and Mail
La Caisse and Fondaction invest $250 million by way of a subordinated loan to Boralex
MONTREAL, July 07, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (TSX: BLX) ('Boralex' or the 'Company') announces the closing of an additional corporate financing of $250 million by way of an unsecured subordinated loan with a term of 8 years. The investment is made by La Caisse (formerly CDPQ), which is providing an amount of $200 million, to which is added a $50 million investment by a new partner, Fondaction. Financial Highlights 'This new corporate financing is in line with the execution of our 2030 Strategy, announced on June 17, and allows us to mobilize resources immediately for the financing of our projects,' noted Bruno Guilmette, Executive Vice President and Chief Financial Officer of Boralex. 'We are thereby strengthening our ability to support our growth activities, by further diversifying our sources of financing, while maintaining our financial rigor. We would like to thank La Caisse and Fondaction for their confidence in our long-term strategy.' 'As a major shareholder since 2017, La Caisse supports Boralex, an independent Canadian leader in renewable energy production, in the development of a diversified portfolio of high-quality projects,' said Jérôme Marquis, Managing Director and Head of Private Credit at La Caisse. 'By doubling our existing debt financing with this transaction, we reaffirm our confidence in Boralex's execution capacity and continued growth, both in Québec and internationally.' La Caisse recently announced its 2025-2030 climate strategy aimed at accelerating the decarbonization of businesses and increasing its investments related to the energy transition, in order to reach $400 billion in investments in climate action by 2030. 'This impact investment in Boralex supports the development of clean energy infrastructure with tangible and measurable environmental benefits. It reflects Fondaction's commitment to a sustainable economic transformation, aligned with our strategic objectives—both in the fight against climate change and in generating meaningful socioeconomic benefits for Québec,' said Claire Bisson, Vice President and Chief Investment Officer, Fondaction. Desjardins Capital Markets acted as financial advisor to Boralex. Caution Regarding Forward-Looking Statements Some of the statements contained in this press release are forward-looking statements based on current expectations, within the meaning of securities legislation. Boralex would like to point out that, by their very nature, forward-looking statements involve risks and uncertainties such that its results or the measure it adopts could differ materially from those indicated by or underlying these statements, or could have an impact on the degree of realization of a particular forward-looking statement. Unless otherwise specified by the Company, the forward-looking statements do not take into account the possible impact on its activities, transactions, non-recurring items or other exceptional items announced or occurring after the statements are made. There can be no assurance as to the materialization of the results, performance, or achievements as expressed or implied by forward-looking statements. The reader is cautioned not to place undue reliance on such forward-looking statements. Unless required to do so under applicable securities legislation, Boralex management does not assume any obligation to update or revise forward-looking statements to reflect new information, future events or other changes. About Boralex At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France's largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50% to 3.2 GW. We are developing a portfolio of projects in development and construction of more than 8 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Recognized as Best Corporate Citizen in Canada by Corporate Knights, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, discipline, expertise and diversity, we continue to be an industry leader. Boralex's shares are listed on the Toronto Stock Exchange under the ticker symbol BLX. For more information, visit or Follow us on Facebook and LinkedIn. About La Caisse At La Caisse, formerly CDPQ, we have invested for 60 years with a dual mandate: generate optimal long-term returns for our 48 depositors, who represent over 6 million Quebecers, and contribute to Québec's economic development. As a global investment group, we are active in the major financial markets, private equity, infrastructure, real estate and private debt. As at December 31, 2024, La Caisse's net assets totalled CAD 473 billion. For more information, visit or consult our LinkedIn or Instagram pages. La Caisse is a registered trademark of Caisse de dépôt et placement du Québec that is protected in Canada and other jurisdictions and licensed for use by its subsidiaries. About Fondaction A forerunner for almost 30 years, Fondaction is the investment fund for individuals and companies that are mobilizing for the positive transformation of Québec's economy, making it fairer, more inclusive, greener and more performant. As a labour-sponsored fund created at the initiative of the CSN, Fondaction represents tens of thousands of savers and hundreds of companies committed to helping Québec progress. It manages more than $4B in net assets, as at May 31, 2025, invested largely in hundreds of businesses and on the financial markets, prioritizing investments that generate positive economic, social and environmental spinoffs in addition to a financial return. Fondaction helps maintain and create jobs, reduce inequalities and combat climate change. For more information, visit or our LinkedIn page. For more information LA CAISSE MEDIA Marjaurie Côté-Boileau Director, Media Relations La Caisse 514 847-5493 medias@ FONDACTION MEDIA Marie-Christine Fiset Senior Advisor, Communications and Public Relations Fondaction 514 525-5505, poste 1030
Yahoo
03-07-2025
- Business
- Yahoo
4 Unstoppable Utility Stocks to Buy Right Now for Less Than $500
Written by Amy Legate-Wolfe at The Motley Fool Canada When markets get rocky and inflation starts to bite, many investors turn to dependable dividend stocks. Utility stocks often top the list, offering a combination of essential services, regulated revenue, and consistent cash flow. Best of all, many of these top-tier Canadian utility stocks are still trading well under $500 per share. If you're looking to build a strong portfolio without breaking the bank, here are four unstoppable options to consider right now. Hydro One (TSX:H) is one of Ontario's largest electricity transmission and distribution companies. It operates about 30,000 circuit kilometres of high-voltage transmission lines, and its customer base spans more than 1.5 million people. This isn't the kind of business that gets exciting headlines, but it's steady and essential. In its most recent earnings for the first quarter of 2025, Hydro One posted revenue of $2.41 billion, up from $2.17 billion the year before. Net income rose to $358 million, with earnings per share (EPS) climbing to $0.60. It also raised its dividend to $1.33 annually, continuing a slow and steady trend of annual increases. Year to date, the Canadian stock is up modestly, showing stable investor confidence and the kind of predictable performance utility investors love. Brookfield Renewable Partners (TSX: is one of the world's largest publicly traded renewable power platforms. It owns and operates hydroelectric, wind, solar, and energy storage facilities across North America and globally. In the first quarter of 2025, Brookfield reported revenue of US$907 million and funds from operations of US$0.48 per unit. While it posted a net loss of US$0.35 per unit, that was largely due to non-cash items. The core business is generating strong cash flow, and management remains optimistic about long-term demand for clean energy. The Canadian stock trades for well under $500 and offers a yield close to 6%, with a consistent track record of dividend growth. Algonquin Power & Utilities (TSX:AQN) delivers both utility and renewable energy services across North America. In its latest quarter, the Canadian stock reported revenue of $692.4 million and net income of $78.9 million, turning around last year's net loss in the same quarter. Adjusted EPS came in at US$0.14, ahead of analyst estimates. Management also reaffirmed its commitment to financial stability and targeted a return on equity near 8.5% by 2027. Algonquin's diversified utility portfolio and infrastructure investments make it an interesting long-term bet, especially for investors looking for value. The Canadian stock remains well under $500 and pays a solid dividend while offering the potential for capital recovery as earnings improve. Boralex (TSX:BLX) rounds out this list as a renewable energy developer and operator with assets in Canada, France, and the United States. In the first quarter of 2025, Boralex generated $237 million in revenue, down about 12% from the year before, mostly due to lower production in Europe and reduced energy prices. Net earnings also declined to $41 million from $73 million. While this might seem concerning, Boralex still produced positive discretionary cash flow and maintained a healthy balance sheet with $388 million in cash and undrawn credit. It remains a growth-focused player in the renewable sector, and at current prices, it offers an attractive entry point for long-term investors who believe in the clean energy transition. All four of these utility stocks offer strong dividend yields, exposure to either regulated or renewable energy markets, and price tags well under $500. For Canadians looking to add stability and income to their portfolios without overpaying, these Canadian stocks deserve attention. These may not shoot higher overnight, but steady income and growing demand for energy make them compelling for the long haul. In uncertain times, the value of steady dividends and reliable services becomes even clearer. These utility stocks are built for exactly that. And at these prices, it's easy to buy and even easier to hold. The post 4 Unstoppable Utility Stocks to Buy Right Now for Less Than $500 appeared first on The Motley Fool Canada. Before you buy stock in Algonquin Power and Utilities, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Algonquin Power and Utilities wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool recommends Brookfield Renewable Partners. The Motley Fool has a disclosure policy. 2025
Yahoo
25-06-2025
- Business
- Yahoo
Boralex recognized as Best Corporate Citizen in Canada by Corporate Knights
MONTREAL, June 25, 2025 (GLOBE NEWSWIRE) -- Boralex inc. ('Boralex' or the 'Company') (TSX: BLX) is proud to announce that it has been named the top company in Corporate Knights' annual 'Best 50 Corporate Citizens' ranking in Canada. This ranking recognizes companies that demonstrate outstanding leadership and commitment to sustainable development. This achievement highlights the importance Boralex places on corporate responsibility, which lies at the core of its business strategy. ''Boralex's approach is based on a clear vision: to contribute to a renewable energy future, while ensuring a safe, inclusive and responsible work environment and committing to a net-zero trajectory by 2050. This vision is reiterated in the Company's 2030 Strategy, unveiled last week. Receiving this recognition from Corporate Knights encourages us to continue our efforts in this direction, particularly in a context where climate risk remains one of the main business risks on a global scale'', said Patrick Decostre, President and Chief Executive Officer of Boralex. ''This ranking represents a collective achievement, the result of sustained collaboration with all our stakeholders. It reflects our teams' unwavering commitment to embedding social responsibility at the core of our strategic decisions, as well as the invaluable support of our host communities, clients, partners, and investors. We also commend the performance of the other companies featured in this ranking and their commitments to building a more sustainable shared future,'' added Mihaela Stefanov, Senior Vice President, Enterprise Risk Management and Corporate Social Responsibility of Boralex. Corporate Knights evaluates the annual performance of nearly 350 Canadian companies on 33 key global performance indicators. The full Corporate Knights methodology is available on their website, and all Boralex data used in the evaluation is available on the Corporate Knights platform. Among other things, Boralex excelled in the following indicators (year 2023): Sustainable revenue Sustainable investment Existence of a sustainability pay link mechanism GHG Productivity Gender diversity on board of directors Boralex unveiled its most recent Corporate Social Responsibility (CSR) Report last February. Among the highlights for the year, the Company reviewed its talent acquisition process for inclusive recruitment, won the 'Workforce Development' award at Nergica's Reconnaissance renewable energy gala for its wind maintenance training program for Innus and obtained approval of its greenhouse gas emission reduction targets from the Science-based Target Initiative (SBTi). More details on Boralex's CSR strategy are available on its website. About Boralex At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France's largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50% to 3.2 GW. We are developing a portfolio of projects in development and construction of more than 8 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, discipline, expertise and diversity, we continue to be an industry leader. Boralex's shares are listed on the Toronto Stock Exchange under the ticker symbol BLX. For more information, visit or Follow us on Facebook, LinkedIn and Instagram. For more information MEDIA INVESTOR RELATIONS Camille LaventureSenior Advisor, Public Affairs and External CommunicationsBoralex Inc.438 Stéphane MilotVice President, Investor Relations and Financial Planning and AnalysisBoralex Inc.514 Source: Boralex in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
