AcquisitionMar 25, 2026Pending
🇨🇦 Canada
BBoralex Inc.BABrookfield and La Caisse de dépôt et placement du Québec
Power & Utilities › Independent Power & Renewables
Enterprise value$6.52BEnterprise value · Converted
AnnouncedMar 25, 2026
ConsiderationCash
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Brookfield and La Caisse agreed to acquire all Class A common shares of Boralex Inc. for C$37.25 in cash per share via a plan of arrangement under the CBCA. La Caisse, already a ~15% holder, would hold 30% and Brookfield 70%.
Deal rationale
The transaction gives Boralex long-term capital and expertise from Brookfield and La Caisse to accelerate its growth plan as a private company and gives shareholders a premium and immediate liquidity.
AI-generated from the SEC filingPendingPower & Utilities › Independent Power & RenewablesCanadaNorth America
Timeline
Valuation and terms
| Equity value | $2.75B | |
|---|---|---|
| Enterprise value | $6.52B | Headline figure |
| Original currency | Equity CA$3.8B · Enterprise CA$9B | Converted |
| Exchange rate | 1 CAD = $0.7247 | Mar 25, 2026 |
| Consideration | Cash |
Advisors
Buy-side
BCBMO Capital MarketsCCCIBC Capital Markets
Sell-side
RCRBC Capital Markets
Parties
Target
BBoralex Inc.
- Headquarters
- Canada
- Ticker
- BLX
Acquirer
BABrookfield and La Caisse de dépôt et placement du Québec
- Headquarters
- Canada
- Ticker
- —