Under the terms of the agreement, Boralex shareholders will receive $37.25 per share in cash, representing a 31.8% premium to the latest closing price and a 36.4% premium to the 30-day volume-weighted average price. The deal is designed to provide Boralex with long-term capital and operational support as it accelerates the execution of its development pipeline across wind, solar, hydro, and battery storage assets. 'Combining Brookfield's customer and supply chain partnerships, long-term capital, and deep operational know-how in renewables, with the strong foundation built by Boralex will help grow our presence in Canada and other attractive energy markets,' said Jehangir Vevaina, Global Chief Investment Officer, Energy at Brookfield. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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