Deals Counterparts

Boralex

company 3 Deals 2 Partners

Boralex is a Canadian renewable energy power producer that develops, builds, and operates onshore wind farms, solar farms, hydroelectric power stations, and energy storage facilities. Their strategy focuses on growth in North America and Europe, leveraging their expertise in project development and asset management to expand their installed capacity and contribute to the energy transition.

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Founded 1990 600 employees
Renewable Energy DeveloperOperatorInvestor

Strategic Overview

  • Focus on organic growth through project development and strategic acquisitions in core markets.
  • Diversification across wind, solar, hydro, and storage technologies to optimize portfolio performance.
  • Strong presence in Canada, France, and the US, with strategic expansion into new European markets like Spain and the UK.
  • Commitment to sustainability, community engagement, and long-term value creation.

Deal Activity from Public Sources

Boralex acquires EDF Renewables UK's 50% interest in five operating wind farms in Scotland and England.
Acquisition Onshore Wind United Kingdom October 2023 110 MW with EDF Renewables UK
Boralex and the Innu Nation commission the Apuiat Wind Farm in Quebec, Canada.
Development Onshore Wind Canada January 2024 200 MW with Innu Nation
Boralex acquires 200 MW solar portfolio in Spain.
Acquisition Solar PV Spain December 2023 200 MW

Investment Focus

Technologies
Storage3
Geography
Canada3

Key People

Patrick Lemaire
President and Chief Executive Officer
Bruno Guilmette
Executive Vice-President and Chief Financial Officer

Track Record

3,000
MW Total
34
Years Active
Notable projects: Apuiat Wind Farm (Canada), Haute-Loire Wind Farm (France), Greensboro Solar Farm (USA)

Detailed Analysis

Technologies
Onshore WindSolar PVHydropowerBattery Storage
Sectors
Energy TransitionUtilities
Geographies
CanadaUnited StatesFranceUnited KingdomSpain
Deal Stage
GreenfieldBrownfieldOperating
Track Boralex