Boralex Shareholders Approve Acquisition by Brookfield and CDPQ at $37.25 Per Share

In a move reflecting the accelerating consolidation within the green energy sector, Boralex shareholders have approved a plan of arrangement for BIF Thunder Holdings to acquire all issued and outstanding common shares. The acquisition price is set at $37.25 in cash per Boralex share. The buyer is a joint entity owned by Brookfield Infrastructure Fund V and Caisse de dépôt et placement du Québec (CDPQ).

This approval comes as renewable energy firms attract significant interest from infrastructure funds, with Brookfield seeking to expand a global portfolio that already exceeds 34 GW of generating capacity according to company reports. The $37.25 offer price represents a valuation premium consistent with current market benchmarks for long-term operational assets, per market data and comparative analysis of North American renewable energy transactions.

Operationally, investors are now watching for final regulatory approvals to formalize the deal closure. Looking at the economic calendar, global traders are monitoring inflation data, with the German Consumer Price Index (CPI) scheduled for release today—previously recorded at 2.6% per market data—which may influence broader risk sentiment across the utilities and energy sectors.