Company Boralex Inc.

BLX

CA09950M3003

Electric Utilities

Market Closed - Toronto S.E. Other stock markets 04:16:15 2024-12-02 pm EST			5-day change	1st Jan Change
30.25 ^CAD	+0.36%		+0.43%	-10.18%

Nov. 14	Boralex Inc., Q3 2024 Earnings Call, Nov 14, 2024
Nov. 14	Boralex Q3 Loss Widens on Weaker Renewable Power Production and Lower Revenue	MT

Business description: Boralex Inc.

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.

Number of employees: 809

Sales by Activity: Boralex Inc.

Fiscal Period: December	2019	2020	2021	2022	2023
Europe - Wind Farms	-	-	-	-	626M
North America - Wind Farms	-	-	-	-	245M
Wind Power Stations	471M	526M	542M	681M	-
North America - Hydroelectric Power Stations	-	-	-	-	72M
Hydroelectric Power Stations	60M	63M	64M	71M	-
North America - Solar Power Stations	-	-	-	-	38M
Europe - Solar Power Stations	-	-	-	-	13M
Solar Power Stations	5M	5M	44M	60M	-
Thermal Power Stations	28M	25M	21M	6M	-

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Geographical breakdown of sales: Boralex Inc.

Fiscal Period: December	2019	2020	2021	2022	2023
France	295M	-	-	-	639M
Canada	238M	264M	309M	327M	283M
United States	31M	23M	67M	75M	72M
France and Other	-	332M	295M	416M	-

See all geographic segments

Managers: Boralex Inc.

Director	Title	Age	Since
Patrick Decostre CEO	Chief Executive Officer	52	2020-11-30
Bruno Guilmette DFI	Director of Finance/CFO	-	2019-01-13
Nicolas Mabboux CTO	Chief Tech/Sci/R&D Officer	-	2022-06-19
Isabelle Fontaine SAM	Sales & Marketing	-	-
Stéphane Milot IRC	Investor Relations Contact	-	2019-01-10

See BORALEX INC. governance

Members of the board: Boralex Inc.

Manager	Title	Age	Since
Patrick Lemaire BRD	Director/Board Member	60	-
Alain Rhéaume CHM	Chairman	72	2017-03-08
Dany St-Pierre BRD	Director/Board Member	62	2016-04-30
Marie Giguère BRD	Director/Board Member	72	2017-11-08
Lise Croteau BRD	Director/Board Member	64	2017-12-31
André Courville BRD	Director/Board Member	70	2019-05-07
Marie-Claude Dumas BRD	Director/Board Member	53	2019-05-07
Patrick Decostre BRD	Director/Board Member	52	2020-11-30
Zin Smati BRD	Director/Board Member	66	2021-05-04
Dominique Minière BRD	Director/Board Member	66	2024-01-14

Composition of the Board of Directors

Shareholders: Boralex Inc.

Name	Equities	%	Valuation
The Caisse de dépôt et placement du Québec 15.27 %	15,690,207	15.27 %	377 M $
ASN Belegingsinstellingen Beheer BV (Investment Management) 1.010 %	1,037,429	1.010 %	25 M $
Storebrand Asset Management AS 0.4636 %	476,439	0.4636 %	11 M $
GLS Investment Management GmbH 0.3922 %	402,999	0.3922 %	10 M $
Manulife Investment Management Ltd. 0.3499 %	359,609	0.3499 %	9 M $

List of BORALEX INC. shareholders

Company details: Boralex Inc.

Boralex, Inc.

36, rue Lajeunesse

J0A 1B0, Kingsey Falls

+819 363 6363

http://www.boralex.com

Group companies: Boralex Inc.

Name	Category and Sector
Les Moulins du Lohan SAS Les Moulins du Lohan SAS Electric UtilitiesUtilities Part of Boralex, Inc., Les Moulins du Lohan SAS engages in electricity production activities. The company is located in France.	Electric Utilities
Boralex Menetreols SAS Boralex Menetreols SAS Electric UtilitiesUtilities Part of Boralex, Inc., Boralex Menetreols SAS is a French company that produces electricity. The company is based in Blendecques, France. The company was founded in 2004. Nicolas Antoine Marie Wolff has been the CEO of the company since 2019.	Electric Utilities
Centrale Eolienne des Clerimois SASU Centrale Eolienne des Clerimois SASU Electric UtilitiesUtilities Centrale Eolienne des Clerimois SASU engages in wind energy generation. The private company is based in Paris, France.	Electric Utilities
Centrale Eolienne Plateau Langres SASU Centrale Eolienne Plateau Langres SASU Engineering & ConstructionIndustrial Services Centrale Eolienne Plateau Langres SASU provides engineering services.	Engineering & Construction
Parc Eolien de Zondrange SAS Parc Eolien de Zondrange SAS Electric UtilitiesUtilities Parc Eolien de Zondrange SAS generates electricity. The private company is based in Paris, France.	Electric Utilities

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Wind Electric Utilities

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
BORALEX INC.	+0.36%	+0.43%	-3.88%	-15.17%	2.21B
CHINA THREE GORGES RENEWABLES (GROUP) CO.,LTD.	+1.10%	+1.77%	-0.22%	-30.26%	18.02B
CHINA LONGYUAN POWER GROUP CORPORATION LIMITED	-1.69%	+0.47%	+14.13%	-62.78%	14.55B
CHINA GREEN ELECTRICITY INVESTMENT OF TIANJIN CO., LTD.	+1.29%	+1.18%	-5.97%	-50.52%	2.66B
TERNA ENERGY S.A.	-0.10%	+0.35%	+24.65%	+47.19%	2.47B
ZHONGMIN ENERGY CO., LTD.	-3.75%	-4.20%	+36.89%	-30.94%	1.68B
JIANGSU NEW ENERGY DEVELOPMENT CO., LTD.	+0.48%	+2.26%	-8.37%	-49.27%	1.27B
INNERGEX RENEWABLE ENERGY INC.	+2.06%	+3.01%	-7.48%	-52.86%	1.27B
GREENCOAT RENEWABLES PLC	-0.23%	0.00%	-10.14%	-19.26%	1.02B
XINJIANG LIXIN ENERGY CO., LTD.	+1.61%	+5.30%	-11.69%	-	881M
Average	+0.11%	+1.91%	+2.79%	-29.32%	4.6B
Weighted average by Cap.	-0.06%	+0.85%	+5.63%	-37.90%