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Our growth strategy

Combining sustainable growth with performance

In June 2025, Boralex's management announced its 2030 Strategy : Combining sustainable growth with performance. With this strategy, Boralex aims to position itself as a leader in its key markets by embracing its role and being a creative, influential, and essential player that delivers concrete results and redefines standards of excellence. The Company accomplishes this by placing its talent, customers, and stakeholders at the core. 

Click here to see the 2025 Investor Day deck 

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Highlights of the 2030 Strategy  

Acceleration of organic growth

Leveraging our high-quality pipeline of projects and growth path 

Maintain disciplined financial management

With precise expected returns indicators, a solid balance sheet, flexible and agile financing and the introduction of a cash flows per share growth objective. 

Three simplified pillars

Growth, efficiency and long-term differentiation.

Two markets in strong leadership position

Canada, with strong growth potential in Quebec and Ontario, and France, with significant potential to optimize revenues and cash flows from operating assets.

Two expanding markets

Certain U.S. states, including solar in New York State, and the United Kingdom through the development of a long-term growth platform.

Increase in the weighted average remaining contract duration (1)

From 11 years in 2024 to 14 years by 2030.

Double the Company’s installed capacity (2)

Every five years within a diverse, inclusive, and responsible work environment aimed at a net-zero trajectory by 2050.

1- The weighted average remaining duration also includes non-activated contracts for newly commissioned sites.
2- Installed capacity reflects 100% of Boralex’s subsidiaries in which Boralex is the controlling shareholder. It also reflects Boralex’s share in entities over which it does not have control, and which are accounted for using the equity method.

Strategic plan in a visual representation

1 The CAGR is a supplementary financial measure. Combined is a non-GAAP financial measures and does not have a standardized meaning under IFRS. Accordingly, it may not be comparable to similarly named measures used by other companies. EBITDA(A) is a total of segment financial measures. For more details, see the Non-IFRS and other financial measures section in the 2025 Interim Report 2.

2 Cash flows related to operating activities per share is a supplementary financial measure. Discretionary cash flows per share is a non-GAAP measure and does not have a standardized meaning under IFRS. For more details, see the Non-IFRS and other financial measures section in the 2025 Interim Report 2.

A strategy based on three pillars

3 pillars of our 2030 Strategic Plan

Our 2030 organic growth trajectory

Organic Growth Trajectory as at August 8, 2025

Our markets

Our ambition

Capture 1/3 of the wind market and complementary opportunities

  • Leverage development and large-scale project expertise
  • Grow “ready to bid” wind portfolio
  • Nurture and strengthen our relationships with key stakeholders and partners
  • Act with agility to capture potential complementary opportunities
Parc éolien de la Seigneurie de Beaupré

Our ambition

Establishing ourselves as the developer of choice

  • Develop a large-scale diversified portfolio
  • Collaborate with First Nations, municipalities, government and corporations
  • Build on past wins to secure a new development pipeline and partnerships
Batterie de stockage face à un parc éolien

Our ambition

Adopt a disciplined approach to developing a leadership position in selected areas

  • Prioritize favorable markets
  • Strengthen regional teams
  • Acquire projects or teams to accelerate establishment of leadership position
  • Navigate uncertainty with risk awareness
Partenaire des territoires

Our ambition

Accelerate our growth and enhance our positioning to become a leading IPP

  • Focus on M&A opportunities
  • Increase our capability to generate development leads
  • Expand our team by adding complementary skills to both grow the existing pipeline and develop new opportunities
  • Develop our energy marketing expertise
Limekiln Wind Farm in Scotland

Our ambition

Consolidate our leadership and deliver innovative energy solutions

  • Consolidate our positioning in wind energy
  • Specialize development teams to improve efficiency and maintain our focus in solar energy
  • Repower relevant Boralex wind assets
  • Create energy solutions tailored to our key stakeholders
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Explore our 2030 Strategy in detail

Click here

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Watch in full our 2025 Investor Day