Latest Boralex Inc. Stories

MONTREAL, May 25 /PRNewswire-FirstCall/ - Boralex Inc. (BLX - Toronto Stock Exchange) announces that Mr. Patrick Lemaire, President and Chief Executive Officer, and Mr. Jean-Francois Thibodeau, Vice-president and Chief Financial Officer, will be presenting at the 2010 National Bank Financial Renewable Power and Clean Tech Forum which will be held tomorrow in Toronto. A copy of their presentation will be available on Boralex's corporate website (www.boralex.com). About Boralex Boralex is a...

MONTREAL, May 19 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") today has filed with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission the offer and take-over bid circular (collectively the "Offer Documents") and commenced the mailing of the Offer Documents to the holders of units (the "Unitholders") of Boralex Power Income Fund (the "Fund"), formally commencing Boralex's offer to acquire (the "Offer") all of the issued...

MONTREAL, May 11 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") closed its first quarter 2010 with adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA") (1) of $21.4 million, up 5.9% compared to $20.2 million for the same period in 2009. "We are very satisfied with the first quarter results. Boralex is also pleased with its recent announced proposal to buy all of the issued and outstanding trust units of the Boralex Power Income...

Offer at $5 per Unit supported by both Boards MONTREAL, May 3 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") and Boralex Power Income Fund (the "Fund") jointly announced that Boralex and the Fund have entered into a definitive support agreement (the "Support Agreement"), pursuant to which Boralex, through one of its wholly-owned subsidiaries, will offer to acquire by way of take-over bid (the "Offer") all of the issued and outstanding trust units in the capital of...

MONTREAL, April 20 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") announces that the release of the 2010 first quarter results will take place on Tuesday, May 11, 2010. Financial analysts are invited to attend a conference call during which the financial results will be presented. Time and date: May 11, 2010 at 9:00 a.m. ET Dial number: 514-807-9895 or 1 888-231-8191 Medias and other interested individuals are invited to listen to...

TORONTO, March 15 /PRNewswire-FirstCall/ -- Manulife Financial today announced the completion of a $194.5 million financing with Boralex Inc. for the construction and long term operation of a portfolio of nine 10 megawatt ("MW") wind farms in south-western Ontario. Manulife formed and led a syndicate of Canadian life insurance companies to provide a total $194.5 million in construction and term loans of 21-year term to support the Thames River Project. Manulife is the arranger and...

MONTREAL, March 15 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") announces that it has successfully refinanced Phase I (40 MW) of the Thames River wind farm, and obtained financing for Phase II (50 MW) at the same site. The financing is being underwritten by a consortium of Canadian life insurance companies formed and headed by Manulife Financial Corporation ("Manulife"). The total amount involved is $194.5 million, about 76% of the total investment, including...

MONTREAL, Feb. 25 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") ended fiscal 2009 with a solid performance despite a difficult economic context. (in millions of dollars, except per share data) ------------------------------------------------------------------------- Three-month Twelve-month periods ended periods ended...

MONTREAL, Feb. 5 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") announces that the release of the 2009 fourth quarter results will take place on Thursday, February 25, 2010. Financial analysts are invited to attend a conference call during which the financial results will be presented. Time and date: February 25, 2010 at 10:00 a.m. ET Dial number: 514-807-9895 or 1 888-231-8191 Medias and other interested individuals are invited to listen...

MONTREAL, Feb. 4 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") today announced the commercial start-up of 45 MW of additional power as of February 1, 2010. In Canada, the first four wind farms on the Thames River site in Ontario, which have an installed capacity of 40 MW, were successively brought online between December 6, 2009 and January 29, 2010. They now receive the full rate of $121 per MWh paid by the Ontario Power Authority under the Advanced RESOP program....