Boralex Inc. Reports Consolidated Production Results for the Fourth Quarter and Full Year Ended December 31, 2024
Published on 02/28/2025 at 07:00
S&P Capital IQ
Boralex Inc. reported consolidated production results for the fourth quarter and full year ended December 31, 2024. In the fourth quarter of 2024, Boralex produced 1,520 GWh (2,099 GWh) of power, 16% (11%) less than the 1,814 GWh (2,351 GWh) produced in the same quarter of 2023. The decrease was mainly attributable to adverse weather conditions. As a result, Boralex ended the quarter with total production that was 16% (12%) below anticipated production.
For the year ended December 31, 2024, Boralex produced 5,691 GWh (7,845 GWh) of power, less than the 5,973 GWh (8,020 GWh) produced during the same period in 2023.