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Latest Boralex Inc. Stories

2010-07-26 07:00:00

MONTREAL, July 26 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") obtained written evidence from its shareholders approving the improved offer to acquire all the issued and outstanding trust units (the "Units") of Boralex Power Income Fund (the "Fund"). Pursuant to section 604(d) of the TSX Company Manual, Boralex will submit to the Toronto Stock Exchange (the "TSX") written evidence of the authorization and approval of the issuance of convertible unsecured subordinated...

2010-07-19 13:44:00

MONTREAL, July 19 /PRNewswire-FirstCall/ - Boralex Power Income Fund (the "Fund") announced today that, following receipt of the favourable recommendation of a Special Committee of independent trustees, the Board of Trustees of Boralex Power Trust (the "Board"), on behalf of the Fund trustee, has unanimously determined (with non-independent trustees abstaining) that the improved offer announced by Boralex Inc. ("Boralex") on July 12, 2010 to acquire all the issued and outstanding trust units...

2010-07-12 21:02:00

MONTREAL, July 12 /PRNewswire-FirstCall/ - Boralex Inc. ("Boralex" or the "Corporation") significantly improves its offer to acquire all the issued and outstanding trust units of Boralex Power Income Fund (the "Fund") in light of changing market conditions by increasing the annual interest rate to 6.75% per annum on the convertible debentures (instead of 6.25% per annum), and by offering a conversion price of $12.50 per Boralex share (instead of $17.00) and has extended its offer until 7:00...

2010-06-09 14:55:00

MONTREAL, June 9 /PRNewswire-FirstCall/ - Boralex Inc. (" Boralex " or the " Corporation ") has received regulatory clearance from the Commissioner of Competition who has issued an advance ruling certificate pursuant to the Competition Act in respect of the acquisition of Boralex Power Income Fund (the "Fund") by 7503679 Canada Inc., a wholly owned subsidiary of Boralex (the "Acquisition"). Also, the Pre-merger Notification Office of the US Federal Trade Commission (the "FTC") has notified...

2010-05-25 09:57:00

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...

2010-05-19 17:58:00

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 and...

2010-05-11 06:00:00

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...

2010-05-03 21:50:00

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 the...

2010-04-20 08:59:00

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 the...

2010-03-15 15:10:00

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...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.