Boralex Inc. Reports Q1 2025 Earnings and Launches First UK Wind Farm

Boralex Inc Cl A ( (TSE:BLX) ) just unveiled an announcement.

Boralex Inc. reported net earnings of $41 million for the first quarter of 2025, marking a decrease from the previous year due to lower production and less favorable power purchase agreement prices in France. Despite these challenges, the company commenced production at the Limekiln wind farm in Scotland, its first operational project in the UK, highlighting its strategic growth in a promising market. The company continues to advance its projects in Canada and is preparing for upcoming tenders, aiming to strengthen its market position and operational performance.

The most recent analyst rating on (TSE:BLX) stock is a Hold with a C$36.00 price target. To see the full list of analyst forecasts on Boralex Inc Cl A stock, see the TSE:BLX Stock Forecast page.

Spark’s Take on TSE:BLX Stock

According to Spark, TipRanks’ AI Analyst, TSE:BLX is a Neutral.

Boralex demonstrates strong revenue growth and positive technical momentum, but faces challenges in terms of profitability and high leverage. While strategic plans and project financing are promising, the stock’s high valuation and operational setbacks dilute its attractiveness. Investors should weigh the growth prospects against the valuation and leverage risks.

To see Spark’s full report on TSE:BLX stock, click here.

More about Boralex Inc Cl A

Boralex Inc. is a company operating in the renewable energy industry, focusing on the development and operation of wind, solar, hydroelectric, and thermal power facilities. The company is expanding its market presence in strategic regions, including the United Kingdom, Canada, and France.

Average Trading Volume: 355,030

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$3.26B

See more insights into BLX stock on TipRanks’ Stock Analysis page.