Financial documents (PDF)

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Overview of Boralex

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom.

Our installed capacity has more than doubled over the past five years and now stands at 2.5 GW. We are developing a portfolio of close to 4 GW in wind and solar projects and over 200 MW in storage projects, guided by our values and our approach to corporate social responsibility (CSR).

Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader.

Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

(1) Combined, Cash Flow from operations and Discretionary Cash Flows are non-GAAP financial measures and do not have a standardized definition under IFRS. Therefore, these measures may not be comparable to similar measures used by other companies. For more details, see the Non-IFRS financial measures and other financial measures section of the 2022 Interim Report 2.

(2) Power production includes the production for which Boralex received financial compensation following power generation limitations imposed by its clients since management uses this measure to evaluate the Corporation’s performance. This adjustment facilitates the correlation between power production and revenues from energy sales and feed-in premium.

(3) EBITDA(A) is a total of sector measures. For more details, see the Non-IFRS financial measures and other financial measures section of the 2022 Interim Report 2.

(1) Le Combiné, la Marge brute d’autofinancement et les Flux de trésorerie discrétionnaires sont des mesures financières non conformes aux PCGR et n’ont pas de définition normalisée selon les normes IFRS. Par conséquent, ces mesures peuvent ne pas être comparables à des mesures semblables utilisées par d’autres sociétés. Pour plus de détails, se référer à la rubrique Mesures financières non conformes aux normes IFRS et autres mesures financières du rapport intermédiaire 2 2022.

(2) La production d’électricité inclut la production pour laquelle Boralex reçoit une compensation financière, à la suite des limitations de production d’électricité demandées par ses clients, puisque la Direction considère cette production pour évaluer la performance de la Société. Cet ajustement facilite la corrélation entre la production d’électricité et les produits de la vente d’énergie et complément de rémunération.

(3) Le BAIIA(A) est un total des mesures sectorielles. Pour plus de détails, se référer à la rubrique Mesures financières non conformes aux normes IFRS et autres mesures financières du rapport intermédiaire 2 2022.

Growth Strategy

Boralex unveiled its updated strategic plan and corporate objectives for 2025. Discover the details of the strategy.

Why Invest?

Boralex offers long-term growth, dividend yield and long-term value creation, with corporate and social responsibility objectives raised to the same level as the financial objectives in its strategic plan.

ESG/CSR

Boralex published its 2021 Corporate Social Responsibility (CSR) Report in February 2022. Find out more about our strategy, our commitments and our actions in terms of ESG (environment, society and governance).

Events & Presentations

Add our upcoming events to your calendar.

Executive Committee & Board of Directors

A team of committed, vigilant managers ensures Boralex’s success. Meet our Executive Committee and our Board of Directors.