|Bid||40.43 x 0|
|Ask||40.50 x 0|
|Day's Range||39.99 - 41.00|
|52 Week Range||17.91 - 43.32|
|Beta (5Y Monthly)||0.64|
|PE Ratio (TTM)||1,304.52|
|Earnings Date||Feb 26, 2021 - Mar 02, 2021|
|Forward Dividend & Yield||0.66 (1.65%)|
|Ex-Dividend Date||Nov 27, 2020|
|1y Target Est||44.64|
Boralex Inc. (TSX: BLX) ("Boralex" or the "Corporation") is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC ("CRE") and certain other investors to acquire their controlling interests in seven solar plants, located in the United States, for a purchase price of $CA283 million (US$216.5 million). CRE and other investors will retain certain non-controlling interests in the assets resulting in total net installed capacity to Boralex of 118 MWac.
Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) is pleased to announce that it has entered into a definitive agreement to acquire the full 49% equity stake held by the Caisse de dépôt et placement du Québec ("CDPQ") in 3 wind farms in Quebec, already 51% owned by Boralex. CDPQ's 49% equity stake represents 145 MW net installed capacity and the three wind farms represent a total capacity of 296 MW. Located in the Avignon RCM in Gaspésie and the Appalaches RCM in eastern Quebec, these farms are equipped with Enercon turbines and benefit from long-term power purchase agreements ("PPAs") with Hydro-Québec Distribution, expiring between 2032 and 2033 with a weighted average remaining contract duration of nearly 12.5 years.
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