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The Kingsey Falls, Que.-based renewable power company said it has formed a special committee to conduct a strategic review of a possible retreat from the public market, though it may not result in a transaction. (The Logic)
Talking point: Boralex issued the statement after Bloomberg reported that the company is working with Canadian banks to field proposals. The company’s stock closed up around 7.5 per cent on the news. Founded as a renewable energy producer in 1990, Boralex builds and operates wind, solar, hydro and energy storage projects around the world. Quebec public pension fund manager La Caisse upped its stake in the company with a $200-million investment in July 2025. One analyst thinks a take-private deal could be worth nearly $9 billion.
Correction: Boralex is headquartered in Kingsey Falls, Que. This briefing has been updated.
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