Boralex Inc. (BRLXF)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Boralex Inc. (BRLXF) with AI Score 50/100 (Hold). Boralex Inc. is a renewable energy company focused on developing, constructing, and operating power facilities across Canada, France, and the United States. Market cap: 0, Sector: Utilities.
Last analyzed: Mar 17, 2026Boralex Inc. (BRLXF) Utility Operations & Dividend Profile
Boralex Inc. is a Canadian renewable energy company with a diversified portfolio of wind, hydro, solar, and thermal power facilities across North America and Europe, focusing on sustainable energy generation and long-term growth in the renewable energy sector.
Investment Thesis
Boralex Inc. presents a notable research candidate within the renewable energy sector. The company's diversified portfolio of wind, hydro, and solar assets provides a stable revenue base. With a dividend yield of 2.29%, Boralex offers an income stream for investors. The company's focus on renewable energy aligns with global trends towards decarbonization, creating long-term growth potential. However, a high P/E ratio of 442.92 indicates that the stock may be overvalued. Investors should monitor the company's ability to improve its profit margin, which currently stands at 0.8%. The company's beta of 0.19 suggests low volatility compared to the market.
Based on FMP financials and quantitative analysis
Key Highlights
- Boralex has interests in 90 wind power stations with an installed capacity of 2,032 MW as of December 31, 2021, showcasing a strong presence in wind energy.
- The company operates 16 hydroelectric power stations with a capacity of 181 MW, contributing to a diversified renewable energy portfolio.
- Boralex's dividend yield of 2.29% offers an income stream for investors, making it a noteworthy option for income-seeking portfolios.
- The company's gross margin of 53.2% indicates efficient operations and strong revenue generation from its renewable energy assets.
- Boralex's operations span across Canada, France, and the United States, providing geographic diversification and access to multiple renewable energy markets.
Competitors & Peers
Strengths
- Diversified portfolio of renewable energy assets.
- Geographic presence in North America and Europe.
- Long-term power purchase agreements.
- Expertise in renewable energy project development.
Weaknesses
- High P/E ratio.
- Low profit margin.
- Dependence on government policies and subsidies.
- Exposure to weather-related risks.
Catalysts
- Ongoing: Continued expansion of renewable energy projects in North America and Europe.
- Ongoing: Government incentives and policies supporting renewable energy development.
- Upcoming: Potential acquisitions of renewable energy companies or projects.
- Ongoing: Increasing demand for clean energy and decarbonization efforts.
- Upcoming: Development of new wind and solar power projects.
Risks
- Potential: Changes in government policies and regulations regarding renewable energy.
- Potential: Fluctuations in energy prices.
- Potential: Increasing competition in the renewable energy sector.
- Ongoing: Weather-related risks affecting renewable energy generation.
- Potential: Technological advancements that could disrupt the industry.
Growth Opportunities
- Expansion in Solar Energy: Boralex can expand its solar energy portfolio by developing new solar power stations and acquiring existing solar projects. The global solar energy market is projected to reach $223.3 billion by 2026, offering significant growth potential. Boralex's expertise in renewable energy project development and operation positions it well to capitalize on this market opportunity. The company can focus on developing utility-scale solar projects and distributed generation solar projects to diversify its solar energy portfolio.
- Strategic Acquisitions: Boralex can pursue strategic acquisitions of renewable energy companies and projects to expand its geographic footprint and diversify its asset base. The renewable energy sector is consolidating, creating opportunities for acquisitions. Boralex can target companies with complementary renewable energy assets and geographic presence. Acquisitions can provide Boralex with access to new markets, technologies, and expertise, accelerating its growth and enhancing its competitive position.
- Development of New Wind Power Projects: Boralex can develop new wind power projects in regions with favorable wind resources and supportive government policies. The wind energy market is expected to grow significantly in the coming years, driven by increasing demand for clean energy. Boralex's experience in wind power project development and operation gives it a competitive advantage. The company can focus on developing onshore and offshore wind projects to expand its wind energy portfolio.
- Investment in Energy Storage: Boralex can invest in energy storage technologies to enhance the reliability and flexibility of its renewable energy assets. Energy storage is becoming increasingly important for integrating renewable energy into the grid. Boralex can deploy battery storage systems at its renewable energy power stations to store excess energy and provide grid services. This will improve the economics of its renewable energy projects and enhance their value.
- Geographic Expansion: Boralex can expand its geographic presence by entering new renewable energy markets. The company currently operates in Canada, France, and the United States. Boralex can target new markets in Europe, Asia, and Latin America with strong renewable energy potential and supportive government policies. Geographic expansion will diversify the company's revenue streams and reduce its reliance on specific markets.
Opportunities
- Expansion in solar energy.
- Strategic acquisitions.
- Development of new wind power projects.
- Investment in energy storage.
Threats
- Increasing competition in the renewable energy sector.
- Changes in government policies and regulations.
- Fluctuations in energy prices.
- Technological advancements that could disrupt the industry.
Competitive Advantages
- Diversified portfolio of renewable energy assets across multiple technologies and geographies.
- Long-term power purchase agreements that provide stable revenue streams.
- Expertise in renewable energy project development and operation.
- Strong relationships with utilities and other customers.
About BRLXF
Boralex Inc. was founded in 1982 and has grown to become a significant player in the renewable energy sector. The company specializes in the development, construction, and operation of renewable energy power facilities. Its operations span across Canada, France, and the United States. Boralex's diversified portfolio includes wind, hydroelectric, solar, and thermal power stations. As of December 31, 2021, Boralex had interests in 90 wind power stations with a total installed capacity of 2,032 MW, 16 hydroelectric power stations with a capacity of 181 MW, 12 solar power stations with a capacity of 244 MW, and one thermal power station with a capacity of 35 MW. The company also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. Boralex is committed to sustainable energy generation and aims to expand its renewable energy footprint through strategic acquisitions and project developments. The company is headquartered in Kingsey Falls, Canada, and employs over 800 people.
What They Do
- Develop renewable energy power facilities
- Construct renewable energy power facilities
- Operate wind power stations
- Operate hydroelectric power stations
- Operate solar power stations
- Operate thermal power stations
- Generate and sell electricity
Business Model
- Develop, construct, and operate renewable energy power facilities.
- Generate electricity from renewable sources such as wind, hydro, and solar.
- Sell electricity to utilities and other customers through power purchase agreements.
- Receive revenue based on the amount of electricity generated and sold.
Industry Context
Boralex Inc. operates in the renewable utilities industry, which is experiencing significant growth due to increasing global demand for clean energy. The industry is driven by government policies promoting renewable energy adoption and declining costs of renewable energy technologies. The competitive landscape includes established utility companies and independent power producers. Boralex differentiates itself through its diversified portfolio of renewable energy assets and its geographic presence in North America and Europe. The renewable energy market is projected to continue growing, driven by environmental concerns and the need for sustainable energy solutions.
Key Customers
- Utilities
- Commercial and industrial customers
- Government entities
- Grid operators
Financials
Chart & Info
Boralex Inc. (BRLXF) stock price: Price data unavailable
Latest News
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Brookfield, La Caisse to buy Boralex in $6.5bn deal
Yahoo! Finance: BRLXF News · Mar 26, 2026
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How The Boralex (TSX:BLX) Story Is Evolving As Valuation Assumptions And Deal Talk Shift
Yahoo! Finance: BRLXF News · Mar 26, 2026
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News of the day: E-bikes, buying Boralex, rate hike bets, downsizing, Canadian GDP and more
Yahoo! Finance: BRLXF News · Mar 25, 2026
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Brookfield teams up with the Caisse in multi-billion-dollar deal to acquire Quebec's Boralex
Yahoo! Finance: BRLXF News · Mar 25, 2026
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BRLXF.
Price Targets
Wall Street price target analysis for BRLXF.
MoonshotScore
What does this score mean?
The MoonshotScore rates BRLXF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Latest News
Brookfield, La Caisse to buy Boralex in $6.5bn deal
How The Boralex (TSX:BLX) Story Is Evolving As Valuation Assumptions And Deal Talk Shift
News of the day: E-bikes, buying Boralex, rate hike bets, downsizing, Canadian GDP and more
Brookfield teams up with the Caisse in multi-billion-dollar deal to acquire Quebec's Boralex
Leadership: Patrick Decostre
CEO
Patrick Decostre is the CEO of Boralex Inc. His background includes extensive experience in the energy sector, with a focus on renewable energy development and management. He has held various leadership positions within Boralex, contributing to the company's growth and strategic direction. Decostre's expertise spans across project development, operations, and financial management within the renewable energy industry. His leadership is focused on driving Boralex's expansion and innovation in the renewable energy market.
Track Record: Under Patrick Decostre's leadership, Boralex has continued to expand its renewable energy portfolio and strengthen its position in the market. He has overseen the development and acquisition of key renewable energy projects, contributing to the company's growth in installed capacity and revenue. Decostre has also focused on improving operational efficiency and financial performance, enhancing Boralex's value for shareholders.
BRLXF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Boralex Inc. may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the potential for limited information and liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure
- Lower trading volume and liquidity
- Wider bid-ask spreads
- Potential for price volatility
- Less regulatory oversight compared to major exchanges
- Verify the company's financial statements and disclosures.
- Research the company's management team and their track record.
- Assess the company's business model and competitive position.
- Evaluate the company's growth prospects and potential risks.
- Understand the regulatory environment in which the company operates.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- Established presence in the renewable energy sector.
- Diversified portfolio of renewable energy assets.
- Long-term power purchase agreements.
- Geographic presence in North America and Europe.
- Commitment to sustainable energy generation.
BRLXF Utilities Stock FAQ
What does Boralex Inc. do?
Boralex Inc. is a renewable energy company that develops, constructs, and operates power facilities primarily in Canada, France, and the United States. The company's portfolio includes wind, hydroelectric, solar, and thermal power stations. Boralex generates and sells electricity to utilities and other customers through power purchase agreements. The company is committed to sustainable energy generation and aims to expand its renewable energy footprint through strategic acquisitions and project developments. Boralex's diversified portfolio and geographic presence provide a stable revenue base and growth opportunities in the renewable energy sector.
What do analysts say about BRLXF stock?
Analyst coverage of BRLXF may be limited due to its OTC listing. Key valuation metrics to consider include the company's P/E ratio, dividend yield, and growth prospects in the renewable energy sector. Investors should also monitor the company's financial performance, including revenue growth, profit margin, and cash flow. The company's focus on renewable energy aligns with global trends towards decarbonization, creating long-term growth potential. However, investors should be aware of the risks associated with investing in OTC stocks, including limited liquidity and disclosure.
What are the main risks for BRLXF?
The main risks for BRLXF include changes in government policies and regulations regarding renewable energy, fluctuations in energy prices, increasing competition in the renewable energy sector, weather-related risks affecting renewable energy generation, and technological advancements that could disrupt the industry. As an OTC stock, BRLXF also faces risks related to limited liquidity, financial disclosure, and regulatory oversight. Investors should carefully consider these risks before investing in BRLXF.
What are the key factors to evaluate for BRLXF?
Boralex Inc. (BRLXF) currently holds an AI score of 50/100, indicating moderate score. Key strength: Diversified portfolio of renewable energy assets.. Primary risk to monitor: Potential: Changes in government policies and regulations regarding renewable energy.. This is not financial advice.
How frequently does BRLXF data refresh on this page?
BRLXF prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven BRLXF's recent stock price performance?
Recent price movement in Boralex Inc. (BRLXF) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Diversified portfolio of renewable energy assets.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider BRLXF overvalued or undervalued right now?
Determining whether Boralex Inc. (BRLXF) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying BRLXF?
Before investing in Boralex Inc. (BRLXF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on information available as of December 31, 2021.
- OTC market data may be limited and subject to inaccuracies.