Brookfield and La Caisse Acquire Boralex for C$37.25/Share to Take Company Private

Brookfield Asset Management, alongside La Caisse de dépôt et placement du Québec, entered into a definitive arrangement agreement to acquire all issued and outstanding Class A common shares of Boralex for C$37.25 per share in cash. The transaction values Boralex at an implied enterprise value of about C$9.0 billion (C$9.7 billion on a combined basis) and is expected to close by Q4 2026, subject to approvals.