About Boralex
Boralex is a company based in Kingsey Falls (Canada) founded in 1982 was acquired by Brookfield Asset Management in March 2026. The company has 822 employees as of December 31, 2024. Boralex has completed 2 acquisitions, including Infinergy and NRWF. Boralex offers products and services including Wind Farms, Solar Farms, Hydro Power Plants, and Energy Storage Units. Boralex operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Cypress Creek Renewables, Neoen and ReNew, among others.
- Headquarter Kingsey Falls, Canada
- Employees 822 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Boralex Inc. Class A
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Annual Revenue
$592.86 M (USD)-16.54as on Dec 31, 2024
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Net Profit
$25.02 M (USD)-53.85as on Dec 31, 2024
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EBITDA
$363.5 M (USD)-2.79as on Dec 31, 2024
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Latest Funding Round
$51.8 M (USD), Post-IPO
Jul 11, 2018
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Investors
CIC
& 5 more
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Employee Count
822
as on Dec 31, 2024
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Investments & Acquisitions
Infinergy
& 1 more
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Acquired by
Brookfield Asset Management
(Mar 25, 2026)
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IPO & Listings of Boralex
Boralex is a publicly listed company on the TSX with ticker symbol BLX in Canada, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Boralex
Boralex offers a comprehensive portfolio of products and services, including Wind Farms, Solar Farms, Hydro Power Plants, and Energy Storage Units.
Develop and operate wind energy projects for power generation
Develop and operate solar energy projects for electricity production
Build and manage hydroelectric facilities for consistent energy supply
Provide storage solutions for integrating renewable energy sources
People of Boralex
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Funding Insights of Boralex
Investors in Boralex
Boralex has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include CIC, Bpifrance and Brookfield Asset Management.
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Investment strategies are provided across diverse asset classes and markets.
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Focus is placed on real estate and renewable energy investments.
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Offers savings plans, investments, and financing for businesses and individuals.
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Investor details for Boralex
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Investments & Acquisitions by Boralex
Boralex has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Infinergy and NRWF.
Investment portfolio details for Boralex
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Wind energy projects are developed in Canada since 2020.
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Developer of solar & wind powered projects
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Complete acquisition details for Boralex
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Financial Statements - Boralex
Detailed financials for Boralex
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Boralex Comparisons
Peer comparison for Boralex
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Competitors of Boralex
Boralex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Octopus Energy, NextEra Energy, Cypress Creek Renewables, Neoen and ReNew, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Utility bill management platform is provided for tracking and billing.
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Developer of energy solutions
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Solar farms are owned, developed, and financed in the USA.
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Renewable energy is generated in solar, wind, and biomass sectors.
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Utility-scale renewable energy generation and decarbonization solutions are provided.
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Renewable electricity is produced and distributed across multiple states.
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Detailed competitors of Boralex
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Latest news on Boralex
Complete news archive for Boralex
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Frequently Asked Questions about Boralex
Boralex was founded in 1982 and raised its 1st funding round 36 years after it was founded.
Boralex is headquartered in Kingsey Falls, Canada. It is registered at Kingsey Falls, Quebec, Canada.
As of Dec 31, 2024, the latest employee count at Boralex is 822.
Annual revenue of Boralex is $592.86M as on Dec 31, 2024.
Boralex was established in 1982 in Kingsey Falls, Canada, within the renewable energy sector. Projects in wind, solar, and hydroelectric power are developed and managed by the company. Operations span development, financing, construction, and long-term asset management. Focus is placed on North American markets, with assets maintained across Canada and the United States to support energy transition efforts.
Boralex's top competitors include Octopus Energy, NextEra Energy and Neoen.
Boralex offers Wind Farms, Solar Farms, Hydro Power Plants, and Energy Storage Units.
Yes, Boralex is publicly traded on TSX under the ticker symbol BLX.
Boralex has 6 investors. Key investors include CIC, Bpifrance, Brookfield Asset Management, Caisse de depot et placement du Quebec, and Crédit Agricole du Nord Est.
The ticker symbol of Boralex is BLX on TSX.