Boralex Inc - Company Profile
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Boralex Inc (Boralex) is a provider of renewable energy. The company focuses on developing, building, and operating power generating and storage facilities. The company’s major products and services include onshore wind, solar, hydroelectricity, and energy storage solutions. Boralex project portfolio includes Apuiat, Yellow Falls, Le Plateau, Des Moulins, Roncevaux, Two Rivers, and Sanjgon among others. The company serves a diverse range of customers across various industries, providing renewable energy solutions tailored to specific market needs. It sells electricity under long term contracts. The company has business operations across Canada, France, the US, and the UK. Boralex is headquartered in Kingsey Falls, Quebec, Canada.
Headquarters
Canada
Address
36 Rue Lajeunesse, Kingsey Falls, Quebec, J0A1B0
Website
www.boralex.com
Telephone
1 514 2849890
No of Employees
868
Industry
Alternative Energy
Ticker Symbol & Exchange
BLX (TSE)
Revenue (2024)
$607.6M
-0.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-80.6%
(2024 vs 2023)
Market Cap*
$2.7B
Net Profit Margin (2024)
XYZ
-80.6%
(2024 vs 2023)
* As of and is in US$
Boralex Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Product: | Management and Operation of Power Stations |
| Electricity | Development and Construction of Power Stations |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Others | In June, the company shareholders approved the arrangement under which Boralex will be acquired by BIF Thunder Holdings Inc. |
| 2026 | Contracts/Agreements | In May, the company signed a partnership with Six Nations Group to open the Hagersville Battery Energy Storage Park in Canada. |
| 2026 | Contracts/Agreements | In April, the company signed an agreement with the W8banaki Nation on the development of renewable energy project on Ndakina. |
Competitor Comparison
| Key Parameters | Boralex Inc | EDF Renewables SA | TransAlta Corp | Innergex Renewable Energy Inc | Capstone Infrastructure Corp |
|---|---|---|---|---|---|
| Headquarters | Canada | France | Canada | Canada | Canada |
| City | Kingsey Falls | Paris | Calgary | Longueuil | Toronto |
| State/Province | Quebec | Ile-de-France | Alberta | Quebec | Ontario |
| No. of Employees | 868 | 5,000 | 1,350 | - | 130 |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andre Courville | Chairman | Executive Board | 2025 | - |
| Patrick Decostre | Chief Executive Officer; Director; President | Executive Board | 2020 | - |
| Philippe Bonin | Chief Financial Officer; Executive Vice President | Senior Management | 2026 | - |
| Pascal Hurtubise | Chief Legal Officer; Executive Vice President | Senior Management | 2017 | - |
| Marie-Josee Arsenault | Chief People and Culture Officer; Executive Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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