Boralex Inc - Company Profile
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Boralex Inc (Boralex) is a renewable energy company which develops, builds, and operates renewable energy power facilities. Its asset portfolio includes wind, hydro, thermal, and solar projects. Boralex's thermal power division produces power and steam at wood-residue fired power station and natural gas cogeneration power station. The company sells electricity under long term contracts. It operates renewable energy power generating facility plants in Canada, France, the US and the UK. Boralex is headquartered in Kingsey Falls, Quebec, Canada.
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Products and Services
Products | Services |
---|---|
Product | Services |
Electricity | Development and Construction of Power Stations |
Management and Operation of Power Stations |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In September, the company secured a contract for difference from the UK Department for Energy Security and Net Zero for its Limekiln wind farm in Scotland. |
2023 | Contracts/Agreements | In May, the company was selected by the Ontario Independent Electricity System Operator (IESO) for two storage projects totaling 380 MW. |
2023 | Plans/Strategy | In February, the company announced its plans for a project more than two times the size of the largest solar facility approved thus far in the Adirondack Park, a 40 megawatt array in the town of Mayfield near Great Sacandaga Lake, the US. |
Competitor Comparison
Key Parameters | Boralex Inc | TransAlta Corp | EDF Renewables SA | Innergex Renewable Energy Inc | Capstone Infrastructure Corp |
---|---|---|---|---|---|
Headquarters | Canada | Canada | France | Canada | Canada |
City | Kingsey Falls | Calgary | Paris | Longueuil | Toronto |
State/Province | Quebec | Alberta | Ile-de-France | Quebec | Ontario |
No. of Employees | 753 | 1,257 | 4,514 | 602 | - |
Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Alain Rheaume | Chairman | Executive Board | 2017 | - |
Patrick Decostre | President; Chief Executive Officer | Senior Management | 2020 | - |
Bruno Guilmette | Executive Vice President; Chief Financial Officer | Senior Management | 2019 | - |
Pascal Hurtubise | Chief Legal Officer; Vice President | Senior Management | - | - |
Marie-Josee Arsenault | Executive Vice President; Chief People and Culture Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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