Boralex Inc T.BLX

Alternate Symbol(s): BRLXF

Utilities Utilities - Independent Power Producers

Boralex Inc. is a renewable energy company specializing in four sectors of activity: wind, solar, hydroelectricity and storage. It is engaged in the development, construction, and operation of renewable energy power facilities. It develops, builds and operates power generating and storage facilities in Canada, France, the United States and the United Kingdom. It is developing a portfolio of more than 6.8 gigawatts (GW) in wind, solar projects and storage projects. It also provides management and maintenance services to certain joint ventures and associates. In addition, it has projects under construction or ready-to-build, representing an additional 264 megawatts (MW) of power and a portfolio of secured projects amounting to 587 MW. It is an independent producer of onshore wind power and has facilities in the United States and development projects in the United Kingdom. A major part of its installed capacity is accounted for by wind energy. It also owns the Sallachy Wind Farm project.

TSX:BLX - Post by User

Boralex Inc

Bullboard Posts

Comment by Aspertheoldmanon Mar 02, 2015 8:29pm

118 Views

Post# 23482327

RE:cube

Here is a comment by Desjardins Securities :

" BLX has agreed to acquire Cube’s 25% interest in Boralex Europe via a EUR16m payment in 2015 and a EUR40m four-year loan. Buying out Cube’s interest removes the uncertainty around the ownership issue, simplifies the European operations/structure and provides full autonomy for BLX in relation to its growth in Europe. Further, it increases the cash flows from Europe (net of the incremental interest on the loan) and is modestly accretive to our DCF-based valuation. Our target increases to C$18. "

Bullboard Posts

Understanding tax loss season and the “Santa Claus rally”