Business Segments Boralex Inc.

Stocks

Market Closed - Toronto S.E. Other stock markets 16:00:00 2026-06-12 EDT			5-day change	1st Jan Change
36.85 ^CAD	+0.08%		+0.03%	+45.48%

06-05	Boralex Secures Final Court Approval for $9-Billion Sale to Brookfield and CDPQ	MT
06-04	Boralex Inc. - Shareholder/Analyst Call

Breakdown by Business Segment (CAD)

Fiscal Period: December	2021	2022	2023	2024	2025
Electric Power By Wind Energy
Europe - Wind Farms	-	-	626M	438M	380M
EBITDA	-	-	355M	-	-
North America - Wind Farms	-	-	245M	264M	297M
EBITDA	-	-	263M	-	-
Wind Power Stations	542M	681M	-	-	-
Total Assets	4.35B	5.15B	-	-	-
CAPEX	-64M	-215M	-	-	-
EBITDA	475M	508M	-	-	-
Hydroelectric Power Generation
North America - Hydroelectric Power Stations	-	-	72M	67M	62M
EBITDA	-	-	49M	-	-
Hydroelectric Power Stations	64M	71M	-	-	-
Total Assets	557M	562M	-	-	-
CAPEX	-4M	-7M	-	-	-
EBITDA	47M	51M	-	-	-
Electric Power By Solar Energy
North America - Solar Power Stations	-	-	38M	37M	41M
EBITDA	-	-	29M	-	-
Europe - Solar Power Stations	-	-	13M	11M	14M
EBITDA	-	-	10M	-	-
EBITDA	-	-	-	403M	332M
Operating Income	-	-	-	-	126M
EBITDA	-	-	-	299M	259M
Operating Income	-	-	-	-	82M
Solar Power Stations	44M	60M	-	-	-
Total Assets	663M	620M	-	-	-
CAPEX	-35M	-19M	-	-	-
EBITDA	37M	46M	-	-	-
Batteries
North America - Battery Energy Storage Systems	-	-	-	-	2M
Commercial Repair Services
CAPEX	-	-1M	-	-	-
Electric Power Generation By Fossil Fuels
Thermal Power Stations	21M	6M	-	-	-
Total Assets	12M	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	4M	2M	-	-	-
EBITDA	-	-	-94M	-	-
Operating Income	-	-	-	-	-42M
CAPEX	-3M	-4M	-	-	-
EBITDA	-73M	-105M	-34M	-32M	-39M
Total Assets	168M	206M	-	-	-

Geographical breakdown of sales (CAD)

Fiscal Period: December	2021	2022	2023	2024	2025
France	-	-	639M	450M	371M
Total Assets	-	-	2.07B	2.13B	2.21B
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
Canada	309M	327M	283M	301M	336M
Total Assets	2.88B	2.85B	2.36B	3.01B	3.25B
CAPEX	-5M	-8M	-	-	-
EBITDA	248M	249M	-	-	-
United States	67M	75M	72M	66M	65M
Total Assets	773M	1.08B	1.03B	1.03B	968M
CAPEX	-7M	-3M	-	-	-
EBITDA	44M	38M	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
United Kingdom	-	-	-	-	24M
Total Assets	-	-	127M	340M	387M
France and Other	295M	416M	-	-	-
Total Assets	2.1B	2.61B	-	-	-
CAPEX	-94M	-235M	-	-	-
EBITDA	198M	215M	-	-	-