Latest Boralex Inc. Stories

MONTREAL, May 8, 2013 /PRNewswire/ - Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) announced today that the nominees listed in the management proxy circular dated March 14, 2013 were elected as directors of Boralex. The detailed results of the vote for the election of directors held at Boralex's Annual Meeting of Shareholders on May 8, 2013 are set out below. All of the nominees proposed by management were elected by a majority of the votes cast by the shareholders...

MONTREAL, May 8, 2013 /PRNewswire/ - Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) maintained its earnings before interest, income taxes and amortization ("EBITDA") during the first quarter of 2013, while improving its profit margin due to the higher weight of the wind power segment. FINANCIAL HIGHLIGHTS (In millions of dollars, except per share amounts Three-month periods and EBITDA...

MONTRÉAL, April 29, 2013 /PRNewswire/ - Boralex Inc. (" Boralex " or the " Corporation ") (TSX: BLX) announces that the release of the 2013 first quarter financial results will take place on May 8, 2013. Financial analysts are invited to attend a conference call during which the financial results will be presented. Time and date: Wednesday, May 8, 2013 at 8:30 a.m. ET Dial number: 647-427-7450 ou 1 888-231-8191 Media and other...

MONTREAL, Feb. 20, 2013 /PRNewswire/ - Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) maintains its EBITDA and improves its EBITDA margin at the close of fiscal 2012 despite a 6.5% decrease in revenues from energy sales. FINANCIAL HIGHLIGHTS (In millions of Canadian dollars, except per share amounts and EBITDA margin) Three-month periods Years ended...

MONTREAL, Jan. 25, 2013 /PRNewswire/ - Boralex Inc. ("Boralex"), Gaz Métro Limited partnership ("Gaz Métro") and Valener Inc. ("Valener") are delighted that the Québec Ministry of Sustainable Development, Environment, Wildlife and Parks has issued the environmental authorization for the Seigneurie de Beaupré - 4 wind farm, a project with an installed capacity of 68 MW located in the Côte-de-Beaupré region. "Receiving this authorization demonstrates, once again, the...

MONTREAL, Jan. 24, 2013 /PRNewswire/ - Boralex Inc. (" Boralex " or the " Corporation ") announced that its subsidiary Boralex Europe S.A. has closed a long-term financing for the 26 MW portion of the La Vallée wind project. The financing is being underwritten by a French banking consortium composed of OSEO, Crédit Coopératif and Crédit Mutuel ARKEA. The final amount is EUR33 million ($43M), or about 77% of the total investment. Financing for remaining 6 MW will be...

MONTREAL, Nov. 8, 2012 /PRNewswire/ - Boralex Inc. ("Boralex" or the "Corporation") announces the closing of the acquisition, by its subsidiary Boralex Europe S.A., of the 32 MW La Vallée wind power project (the "Project") located in the department of Indre, France. As announced on June 5, 2012, the Project, which was initially developed by the company Gamesa, consists of 16 Gamesa G90 wind turbines. A long term project financing will be provided by a banking consortium made up...

MONTREAL, Nov. 7, 2012 /PRNewswire/ - Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) announces the appointment of Robert F. Hall as Chairman of its Board of Directors. Mr. Hall succeeds Bernard Lemaire, who will finish his term as director at the next annual meeting of shareholders in May 2013. "It is with the feeling of solid accomplishment that I am stepping down from the position of Executive Chairman of the Board after watching over the destinies of this...

MONTREAL, Nov. 7, 2012 /PRNewswire/ - Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) announces that it reported $16.2 million in EBITDA on revenues of $33.0 million for the three-month period ended September 30, 2012 compared with $16.7 million in EBITDA on revenues of $36.2 million for the same period of 2011. The third quarter is traditionally the weakest of the year due to the seasonal cycles experienced by the Corporation's two largest segments: wind and...

MONTREAL, Oct. 25, 2012 /PRNewswire/ - Boralex Inc. (" Boralex ") announces the closing of the acquisition of the 22 MW run of the river hydroelectric project (the "Project") located near Gold Bridge, British Columbia. This acquisition was announced earlier this year on July 25. The construction of the Project, which was owned by Sequoia Energy Inc., began in recent months and is expected to be operational in late 2013. "Now that we have formalized this acquisition, our team...