Company Boralex Inc.

BLX

CA09950M3003

Electric Utilities

Market Closed - Toronto S.E. Other stock markets 16:00:00 2025-07-08 EDT			5-day change	1st Jan Change
31.59 ^CAD	-3.04%		-0.16%	+10.03%

07-07	Boralex Raises $250 million in Financing Through La Caisse and Fondaction's Unsecured Subordinated Loan	MT
07-07	Boralex Inc. Announces Closing of an Additional Corporate Financing of $250 Million	CI

Business description: Boralex Inc.

Boralex Inc. is a renewable energy company specializing in four sectors of activity: wind, solar, hydroelectricity and storage. It is engaged in the development, construction, and operation of renewable energy power facilities. It develops, builds and operates power generating and storage facilities in Canada, France, the United States and the United Kingdom. It is developing a portfolio of more than 6.8 gigawatts (GW) in wind, solar projects and storage projects. It also provides management and maintenance services to certain joint ventures and associates. In addition, it has projects under construction or ready-to-build, representing an additional 264 megawatts (MW) of power and a portfolio of secured projects amounting to 587 MW. It is an independent producer of onshore wind power and has facilities in the United States and development projects in the United Kingdom. A major part of its installed capacity is accounted for by wind energy. It also owns the Sallachy Wind Farm project.

Number of employees: 816

Sales by Activity: Boralex Inc.

Fiscal Period: December	2020	2021	2022	2023	2024
Europe - Wind Farms	-	-	-	626M	438M
North America - Wind Farms	-	-	-	245M	264M
Wind Power Stations	526M	542M	681M	-	-
North America - Hydroelectric Power Stations	-	-	-	72M	67M
Hydroelectric Power Stations	63M	64M	71M	-	-
North America - Solar Power Stations	-	-	-	38M	37M
Europe - Solar Power Stations	-	-	-	13M	11M
Solar Power Stations	5M	44M	60M	-	-
Thermal Power Stations	25M	21M	6M	-	-

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Geographical breakdown of sales: Boralex Inc.

Fiscal Period: December	2020	2021	2022	2023	2024
France	-	-	-	639M	450M
Canada	264M	309M	327M	283M	301M
United States	23M	67M	75M	72M	66M
France and Other	332M	295M	416M	-	-

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Executive Committee: Boralex Inc.

Manager	Title	Age	Since
Patrick Decostre CEO	Chief Executive Officer	53	2020-11-30
Bruno Guilmette DFI	Director of Finance/CFO	-	2019-01-13
Nicolas Mabboux CTO	Chief Tech/Sci/R&D Officer	-	2022-06-19
Isabelle Fontaine SAM	Sales & Marketing	-	-
Stéphane Milot IRC	Investor Relations Contact	-	2019-01-10

See BORALEX INC. governance

Composition of the Board of Directors: Boralex Inc.

Director	Title	Age	Since
Patrick Lemaire BRD	Director/Board Member	61	-
Alain Rhéaume CHM	Chairman	73	2017-03-08
Dany St-Pierre BRD	Director/Board Member	63	2016-04-30
Lise Croteau BRD	Director/Board Member	65	2017-12-31
André Courville BRD	Director/Board Member	71	2019-05-07
Marie-Claude Dumas BRD	Director/Board Member	54	2019-05-07
Patrick Decostre BRD	Director/Board Member	53	2020-11-30
Zin Smati BRD	Director/Board Member	67	2021-05-04
Dominique Minière BRD	Director/Board Member	66	2024-01-14
Ricky Fontaine BRD	Director/Board Member	-	2024-08-07

Composition of the Board of Directors

Shareholders: Boralex Inc.

Name	Equities	%	Valuation
The Caisse de dépôt et placement du Québec 15.27 %	15,690,207	15.27 %	367 M $
ASN Belegingsinstellingen Beheer BV (Investment Management) 1.032 %	1,060,540	1.032 %	25 M $
Storebrand Asset Management AS 0.4458 %	458,150	0.4458 %	11 M $
Manulife Investment Management Ltd. 0.3421 %	351,566	0.3421 %	8 M $
GLS Investment Management GmbH 0.2948 %	303,000	0.2948 %	7 M $

List of BORALEX INC. shareholders

Company details: Boralex Inc.

Boralex, Inc.

36, rue Lajeunesse

J0A 1B0, Kingsey Falls

+819 363 6363

http://www.boralex.com

Group companies: Boralex Inc.

Name	Category and Sector
Les Moulins du Lohan SAS Les Moulins du Lohan SAS Electric UtilitiesUtilities Part of Boralex, Inc., Les Moulins du Lohan SAS engages in electricity production activities. The company is located in France.	Electric Utilities
Boralex Menetreols SAS Boralex Menetreols SAS Electric UtilitiesUtilities Part of Boralex, Inc., Boralex Menetreols SAS is a French company that produces electricity. The company is based in Blendecques, France. The company was founded in 2004. Nicolas Antoine Marie Wolff has been the CEO of the company since 2019.	Electric Utilities
Centrale Eolienne des Clerimois SASU Centrale Eolienne des Clerimois SASU Electric UtilitiesUtilities Centrale Eolienne des Clerimois SASU engages in wind energy generation. The private company is based in Paris, France.	Electric Utilities
Centrale Eolienne Plateau Langres SASU Centrale Eolienne Plateau Langres SASU Engineering & ConstructionIndustrial Services Centrale Eolienne Plateau Langres SASU provides engineering services.	Engineering & Construction
Parc Eolien de Zondrange SAS Parc Eolien de Zondrange SAS Electric UtilitiesUtilities Parc Eolien de Zondrange SAS generates electricity. The private company is based in Paris, France.	Electric Utilities

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Wind Electric Utilities

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
BORALEX INC.	-3.04%	-0.16%	-8.01%	-27.86%	2.37B
CHINA THREE GORGES RENEWABLES (GROUP) CO.,LTD.	-0.23%	+1.41%	-3.99%	-32.24%	17.27B
CHINA LONGYUAN POWER GROUP CORPORATION LIMITED	-2.59%	-0.42%	-1.92%	-53.98%	14.92B
CHINA GREEN ELECTRICITY INVESTMENT OF TIANJIN CO., LTD.	-0.81%	+1.91%	-7.69%	-31.40%	2.45B
INNERGEX RENEWABLE ENERGY INC.	0.00%	+0.07%	+31.01%	-25.46%	2.04B
JIANGSU NEW ENERGY DEVELOPMENT CO., LTD.	-4.79%	+4.63%	+29.99%	+6.44%	1.85B
ZHONGMIN ENERGY CO., LTD.	+0.73%	+6.55%	+6.35%	-34.40%	1.47B
SERENA ENERGIA S.A.	+2.28%	0.00%	+27.57%	+2.73%	1.33B
GREENCOAT RENEWABLES PLC	-0.13%	+0.13%	-12.61%	-35.92%	1B
XINJIANG LIXIN ENERGY CO., LTD.	+0.27%	+2.04%	+9.49%	-	976M
Average	-0.82%	+1.78%	+7.02%	-25.79%	4.57B
Weighted average by Cap.	-1.19%	+2.05%	+0.57%	-36.42%