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

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Post by retiredcfon Jun 28, 2023 4:26pm

110 Views

Post# 35519285

Analyst Recommendation

Last stock in the clip; he and his family also own it personally. GLTA

https://www.bnnbloomberg.ca/video/stephen-takacsy-s-past-picks~2717033

PAST TOP PICK

Boralex Inc.(BLX-T)

28/06/2023

(A Top Pick Jun 06/22, Down 11%)

Very good Q1 results. Full pipeline of fully contracted projects. Won 2 large storage projects in Ontario. Expects production to double within next few years. Rising rates have been an overhang on the sector. Great growth ahead.

Electrical Utilities

Stephen Takacsy

$36.43

Owned

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Fortune Minerals receives funding for NICO project development