Boralex Inc. (TSX:BLX) announced that the company has received €136 million in a round of funding on February 28, 2018. The transaction included participation from Crédit Industriel et Commercial, Auxifip Sa, Caisse régionale de Crédit Agricole Nord de France (ENXTPA:CNF), and Bpifrance Financement S.A. The company issued debt and equity in the transaction at a ration of 80/20. The debt consists of a 15-year fixed rate debt in the €108.8 million tranche and a 15-year variable rate debt in the €27.2 million tranche.

The company received funding in two tranches.