Boralex receives regulatory approvals for Brookfield arrangement
Analysis based on 7 articles · First reported Aug 06, 2026 · Last updated Aug 07, 2026
The completion of the arrangement will result in Boralex being taken private by Brookfield Corporation and its partners, likely leading to a delisting from the Toronto Stock Exchange. This acquisition is expected to provide Boralex with financial stability and support for its growth pipeline, while Brookfield Corporation expands its renewable energy portfolio.
Boralex Inc., a Canadian renewable energy producer, announced on August 6, 2026, that it has received all regulatory approvals required for the closing of its plan of arrangement with Brookfield Corporation, its institutional partners including Brookfield Renewable Partners, and La Caisse (formerly CDPQ). The arrangement was approved by Boralex shareholders on June 4, 2026, and a final court order was obtained on June 5, 2026. The transaction is expected to close on or about August 14, 2026, subject to remaining closing conditions. Boralex is a leader in the Canadian market and France's largest independent producer of onshore wind power, with facilities also in the United States and the United Kingdom. As of March 31, 2026, its installed capacity was 3,783 MW, with a development pipeline of 8.3 GW in wind, solar, and battery storage projects.
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