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Bullboard - Stock Discussion Forum
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.
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TSX:BLX - Post Discussion
Boralex Inc
> Credit Suisse
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retiredcf
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Post by
retiredcf
on Apr 04, 2023 7:50am
Credit Suisse
Credit Suisse’s Andrew Kuske raised his
Boralex Inc.
target to $45 from $43, keeping a “neutral” rating. The average is $47.
(5687)
•••
retiredcf
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Comment by
retiredcf
on Apr 04, 2023 9:48am
Here's their rationale. GLTA “On balance, we do like BLX’s ability to gradually grow the business and execute with a manageable degree of risks,” he said. “Given the company’s size, individual project wins can translate into a significant valuation impact, in our view. The team’s positioning, duration and credibility combined with an overall favourable backdrop for many renewable
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