Boralex Inc T.BLX

Alternate Symbol(s): BRLXF

Utilities Utilities - Independent Power Producers

Boralex Inc. is a Canada-based renewable energy company. The Company is primarily engaged in the development, construction and operation of renewable energy power facilities. It operates in the production of three types of renewable energy: wind, solar and hydroelectric power, as well as storage, representing an asset base with an installed capacity totaling 3,051 megawatts (MW). It also provides onshore wind power, and it also has facilities in the United States and development projects in the United Kingdom. It is developing a portfolio of over 6.2 GW in wind, solar and storage projects. It holds interests in 50 facilities in North America and 77 facilities in Europe. In addition, the Company has projects under construction or ready-to-build, representing an additional 317 megawatts (MW) of power and a portfolio of secured projects amounting to 654 MW. In addition, the Company acquired a 50% interest in five wind farms in the United States with a total installed capacity of 894 MW.

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Boralex Inc > Selling into strength until the smoke clears

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Comment by Vega1357on Jan 27, 2022 10:27am

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Post# 34366412

RE:RE:RE:RE:RE:RE:Selling into strength until the smoke clears

borne2run wrote:
BEP and BLX are two sides of the same coin.
Chart patterns are very similar.
Both stocks should do well this year.

At this time I prefer BLX.

BEP and BLX are companies in the same industry group, renewable energy companies, not two sides of the same coin. BEP will outperform BLX because of it's recent acquisiton of Urban Grid. The analysts should chime in on this acquisition any day and they will love it giving the share price of BEP a boost.

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