Boralex Inc traded at 36.57 this Wednesday March 25th, increasing 3.57 or 10.82 percent since the previous trading session. Looking back, over the last four weeks, Boralex gained 33.13 percent. Over the last 12 months, its price rose by 25.24 percent. Looking ahead, we forecast Boralex Inc to be priced at 27.56 by the end of this quarter and at 25.55 in one year, according to Trading Economics global macro models projections and analysts expectations.
Boralex Inc. is a renewable energy company specializing in four sectors of activity: wind, solar, hydroelectricity and storage. It is engaged in the development, construction, and operation of renewable energy power facilities. It develops, builds and operates power generating and storage facilities in Canada, France, the United States and the United Kingdom. It is developing a portfolio of more than 6.8 gigawatts (GW) in wind, solar projects and storage projects. It also provides management and maintenance services to certain joint ventures and associates. In addition, it has projects under construction or ready-to-build, representing an additional 264 megawatts (MW) of power and a portfolio of secured projects amounting to 587 MW. It is an independent producer of onshore wind power and has facilities in the United States and development projects in the United Kingdom. A major part of its installed capacity is accounted for by wind energy. It also owns the Sallachy Wind Farm project.