The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

StocksMediumUpdated•Originally published 24 March 2026•Updated 25 March 2026•

1 min read

Brookfield and CDPQ to Acquire Boralex for $2.76 Billion in Take-Private Deal

Two logos, "GMG COMPANY" and "EPA", on an orange background with industrial materials, crypto coins, and financial charts.

Key Facts

1Boralex confirmed its Board of Directors formed a special committee to review and recommend strategic alternatives.

2 months ago

Version History

1 additional source confirmed this story

Version 12 months ago

What changed: The story was updated from a strategic review to a definitive $2.76 billion acquisition agreement and a take-private transaction.

Boralex Inc. has entered into a definitive agreement to be acquired by Brookfield and CDPQ for a total transaction value of $2.76 billion. This announcement marks the conclusion of the strategic review process previously initiated by the company's board to maximize shareholder value. Under the terms of the deal, the renewable energy firm will be taken private to better support its long-term growth trajectory and operational expansion. The transaction reflects strong institutional confidence in Boralex’s asset portfolio and its role in the global energy transition. Investors had been anticipating a formal outcome since the formation of a special committee to explore strategic alternatives. The shift to private ownership is expected to provide the financial flexibility required to accelerate future projects. The deal remains subject to customary regulatory approvals and closing conditions.