Brookfield and Caisse de dépôt et placement du Québec (La Caisse) completed their acquisition of Boralex Inc. on August 14, 2026.
The buyers acquired all outstanding shares for $37.25 per share in cash.
Boralex expects to delist its shares from the Toronto Stock Exchange on or about August 17, 2026.
The renewable energy producer will now operate as a standalone private company.
Brookfield and La Caisse intend for the investment to support Boralex’s long-term growth and clean energy mission.
The acquisition underscores a continued trend of significant institutional investment in the renewable energy infrastructure sector.