Boralex Reports Strong Earnings and Project Advancements
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Boralex Reports Strong Earnings and Project Advancements

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Boralex Inc Cl A (TSE:BLX) has released an update.

Boralex Inc Cl A reported a 41% increase in net earnings for Q2-2024, reaching $17 million despite a production decrease due to adverse weather and curtailments in France. The company highlighted its improved financial flexibility with higher discretionary cash flows and a strong balance sheet, alongside steady progress on their project pipeline, including wind and solar farms in France and upcoming storage projects in Ontario.

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