A long term

Growth strategy

With 25 years of experience in the renewable energy sector, Boralex is positioned as a key player in the development and operation of power generation facilities in Canada and France. Moreover, the Corporation is France’s largest private onshore wind power producer since 2014.

The goal of our growth strategy is to complete the projects currently under development as well as acquire or develop renewable energy production assets with long-term energy sales contracts to ensure stable and predictable cash flows.

The wind power segment remains the driving force of our mid-term growth strategy, in Canada and in France.

Boralex expects to generate significant growth in its wind power segment results in the coming years, mainly through contributions from sites in operation, full-year contributions from the sites commissioned over the past fiscal year and anticipated contributions from assets with contracts in place to be commissioned by 2017.

Boralex will focus particularly on the development of nearly 300 MW of wind power projects in France and also pursue several opportunities in North America. Based on these initiatives, Boralex’s objective is to achieve annual compound growth in installed capacity of approximately 10% for the 2015-2020 period.

We are on the lookout for opportunities to broaden our solar energy production base in France and to establish ourselves in this niche market in Ontario.

To support our growth projects, we will continue to strengthen our business model, based on:

  • Strong in-house expertise in developing and operating renewable energy production assets, supported by leading-edge management tools;
  • Solid relationships with our suppliers and partners; and
  • Healthy balance sheet through cash flow maximization and prudent capital management.


Boralex's Growth Path

Boralex's Growth Path