AcquisitionMar 25, 2026Pending
🇨🇦 Canada

Boralex Inc.Brookfield 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 filing
PendingPower & Utilities › Independent Power & RenewablesCanadaNorth America

Timeline

  1. AnnouncedMar 25, 2026

    Imported from prototype record 179, unverified

    Filing

Valuation and terms

Equity value$2.75B
Enterprise value$6.52BHeadline figure
Original currencyEquity CA$3.8B · Enterprise CA$9BConverted
Exchange rate1 CAD = $0.7247Mar 25, 2026
ConsiderationCash

Advisors

Buy-side
BCBMO Capital MarketsCCCIBC Capital Markets
Sell-side
RCRBC Capital Markets

Parties

Target
Boralex Inc.
Headquarters
Canada
Ticker
BLX
Acquirer
Brookfield and La Caisse de dépôt et placement du Québec
Headquarters
Canada
Ticker
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