Boralex Inc. Cl A Shows Strong Q2 Earnings and Growth
Company Announcements

Boralex Inc. Cl A Shows Strong Q2 Earnings and Growth

Story Highlights

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

Boralex Inc. Cl A reported a solid second quarter in 2024 with $17 million in net earnings and an increase in EBITDA by 9%, despite a slight production fall due to weather conditions and curtailments in France. The company also highlighted its financial strength with higher discretionary cash flows and a robust balance sheet, while remaining on track with its development projects, including the commissioning of new wind and solar farms, and the advancement of storage and wind projects in North America and Europe.

For further insights into TSE:BLX stock, check out TipRanks’ Stock Analysis page.

Related Articles
GlobeNewswireBoralex announces the closing of a $95 million financing for the Témiscouata II wind farm in Quebec
TipRanks Canadian Auto-Generated NewsdeskBoralex Reports Strong Earnings and Project Advancements
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App