Boralex Inc.

BLX

CA09950M3003

Electric Utilities

Market Closed - Toronto S.E. Other stock markets 04:00:00 2025-07-15 pm EDT			5-day change	1st Jan Change
31.59 ^CAD	+0.25%		0.00%	+10.03%

Jul. 11	Boralex Maintained at Outperform at BMO Capital; Price Target Kept at C$39.00	MT
Jul. 07	Boralex Raises $250 million in Financing Through La Caisse and Fondaction's Unsecured Subordinated Loan	MT

Boralex Inc. Signs Contracts for Two New York Solar Projects Totaling 450 MW

Published on 05/21/2025 at 16:50

Boralex Inc. announced it has entered into a Renewable Energy Standard Agreement with the New York State Energy Research and Development Authority (NYSERDA) to procure Tier-1 RECs from each of its Fort Covington Solar Project and Two Rivers Solar Project, totaling 450 MW. The signing of these contracts marks a significant milestone in Boralex's contribution to renewable energy in New York and in the Company's development in this promising market. These contracts were awarded as part of NYSERDA's 2024 Renewable Energy Standard Competitive Solicitation for the purchase of New York Tier-1 Eligible Renewable Energy Certificates (RECs).

Each REC represents the environmental attributes of one megawatt-hour of electricity generated from an eligible renewable source such as solar energy. The two solar facilities will be located in Franklin and St. Lawrence Counties in upstate New York, with permit applications currently under review by the state Office of Renewable Energy Siting and Electric Transmission: The Fort Covington Solar Project (250 MW) is located in the Town of Fort Covington, Franklin County.

The Two Rivers Solar Project (200 MW) is located in the Towns of Brasher and Massena, St. Lawrence County.

Latest news about Boralex Inc.

Boralex Maintained at Outperform at BMO Capital; Price Target Kept at C$39.00	Jul. 11	MT
Boralex Raises $250 million in Financing Through La Caisse and Fondaction's Unsecured Subordinated Loan	Jul. 07	MT
Boralex Inc. Announces Closing of an Additional Corporate Financing of $250 Million	Jul. 07	CI
Emeren Group Ltd Announces Management Changes	Jul. 03	CI
Alain Rhéaume Announces His Retirement As Chair Of The Board Of Directors Of Boralex	Jun. 19	RE
Boralex Inc. Announces Step Down of Alain Rhéaume as Chair of its Board of Directors	Jun. 19	CI
Boralex Chair Alain Rheaume to Retire by Year-end	Jun. 19	MT
Boralex Brief: Alain Rheaume Retiring as Chair of the Board of Directors	Jun. 19	MT
Boralex Price Target Raised at National Bank of Canada	Jun. 18	MT
Boralex Inc. - Analyst/Investor Day	Jun. 17
Boralex Outlines Targets For 2030	Jun. 17	MT
Boralex Explores M&A	Jun. 17	CI
Boralex Outlines Targets For 2030	Jun. 17	MT
Boralex Brief: Announcing Its Strategic Plan and Financial Objectives for 2030	Jun. 17	MT
Boralex Inc. Plans to Invests $6.8 Billion for Major Growth	Jun. 17	CI
Boralex, Northland Power, Brookfield Renewable Partners to Benefit from Ontario's 'Energy for Generations' Plan, National Bank Says	Jun. 16	MT
Boralex Inc. Announces Executive Changes	Jun. 12	CI
National Bank of Canada Switches Analyst Coverage of the Sustainable Infrastructure and Clean Technology Sector	Jun. 09	MT
Boralex Inc., Q1 2025 Earnings Call, May 14, 2025	May. 26
Boralex Kept at Outperform Rating With a $42.00 Price Target at National Bank of Canada	May. 22	MT
Boralex Inc. Signs Contracts for Two New York Solar Projects Totaling 450 MW	May. 21	CI
Boralex Signs Deal for Two New Solar Projects in Upstate New York	May. 21	MT
Boralex Price Target Lowered to $42.00 from $43.00 at National Bank Following Q1 Results	May. 15	MT
OPEC Signals Cautious Optimism on Trade, Holds -2-	May. 14	DJ
OPEC Signals Cautious Optimism on Trade, Holds Oil Demand Forecast -- Commodities Roundup	May. 14	DJ

Chart Boralex Inc.

Duration

Period

BLX: Dynamic Chart

Company Profile

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.

Employees

816

Sector

Electric Utilities

Calendar

Aug. 08 - Q2 2025 Earnings Release

More about the company