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Key Developments: Boralex Inc (BRLXF.PK)

BRLXF.PK on OTC Markets Group - US Other OTC and Grey Market

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11 May 2016
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Latest Key Developments (Source: Significant Developments)

Boralex Inc declared a quarterly dividend of $0.13 per common share
Wednesday, 24 Feb 2016 07:00am EST 

Boralex Inc:Declared a quarterly dividend of $0.13 per common share.Dividend will be paid on March 15 to shareholders of record date as on February 29.  Full Article

Boralex Inc announces agreement to acquire a portfolio of approximately 350 MW of wind power in France
Wednesday, 16 Dec 2015 09:10am EST 

Boralex Inc:Entered into an exclusivity agreement with private developers to acquire a portfolio of wind power projects of nearly 350 MW located in France.Projects set to be commissioned over the next few years will be added to the 500 MW currently operated by Boralex in France.Boralex continues its discussions with the sellers during this exclusivity period to sign a purchase agreement as soon as possible.  Full Article

Boralex Inc announces amount of converted 6.75% convertible unsecured subordinated debentures to date
Monday, 28 Sep 2015 09:38am EDT 

Boralex Inc:Says $179.9 mln of debentures have been converted into 12.2 mln boralex class a shares.Says current outstanding aggregate principal amount of its 6.75% debentures stands at $64.2 mln.  Full Article

Boralex Inc authorized and declared quarterly dividend
Wednesday, 5 Aug 2015 07:00am EDT 

Boralex Inc:Has authorized and declared quarterly dividend of $0.13 per common share to be paid on Sept. 16 to shareholders of record at the close of business on Aug. 31.  Full Article

Boralex Inc completes $125 million bought deal of 4.5% convertible unsecured subordinated debentures and $75 million term credit facility
Monday, 22 Jun 2015 08:13am EDT 

Boralex Inc:Says it has completed its previously announced bought deal offering of 4.5% convertible unsecured subordinated debentures of Boralex due June 30, 2020 for gross proceeds of $125,000,000.Says Offering was completed through a syndicate of underwriters led by National Bank Financial Inc. and including BMO Nesbitt Burns Inc., CIBC World Markets Inc., TD Securities Inc., Desjardins Securities Inc., Scotia Capital Inc. and Cormark Securities Inc.Has also closed a $75 million term credit facility which is available to the Corporation until March 31, 2016 and, if drawn, will have a maturity date of June 27, 2018. This financing was arranged by National Bank Financial Inc. in the capacity of lead arranger and sole bookrunner.  Full Article

Boralex Inc acquires option for 25% interest in wind power project in Ontario
Monday, 8 Jun 2015 08:00am EDT 

Boralex Inc:Acquires an option for a 25 pct interest in a wind power project in Ontario.Says total investment planned for major undertaking is between $900 million and $950 million.Will immediately begin coordination of the project construction phase in partnership with enercon.Says Niagara Region wind farm project will comprise 77 3 mw enercon turbines and construction will begin in June.Says initial consideration paid by Boralex in connection with the acquisition of this option will be about $5 million.  Full Article

Boralex Inc announces bought deal offering of convertible unsecured subordinated debentures
Tuesday, 2 Jun 2015 04:41pm EDT 

Boralex Inc:Announces $125 million bought deal offering of convertible unsecured subordinated debentures.Net proceeds will primarily be used by the corporation to repay indebtedness outstanding under its revolving credit facility.Debentures will be offered at a price of $1,000 per debenture by way of short form prospectus in each of the provinces of Canada.  Full Article

Boralex Inc declares quarterly dividend
Wednesday, 6 May 2015 07:00am EDT 

Boralex Inc:Has authorized and declared quarterly dividend of $0.13 per common share.Dividend will be paid on June 15 to shareholders of record at close of business on May 29.  Full Article

Northland Power Inc announces closing of Frampton Wind project sale to Boralex Inc
Friday, 20 Feb 2015 09:15am EST 

Northland Power Inc:Announces closing of sale of its 66.7 pct interest in Frampton Wind Farm to Boralex Inc.Says remaining 33.3 pct of 24MW advanced stage development project is owned by the host municipality of Frampton, Quebec.Says upon closing, Northland received consideration of about $11.5 mln for its interest in project.  Full Article

Boralex Inc gives long term EBITDA guidance
Thursday, 19 Feb 2015 07:00am EST 

Boralex Inc:Expects EBITDA to reach $250 mln at end of 2017, representing average annual growth of about 19 pct.FY 2015 EBITDA of $206 mln, FY 2016 EBITDA of $236 mln - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Boralex reports qtrly EPS of c$0.32

May 11 Boralex Reports Its Best Quarterly Performance Ever