Tag: renewable energy

MONTRÉAL, June 05, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) announced today that the Corporation has obtained a final order from the Superior Court of Québec (Commercial Division) approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act (the "Arrangement") involving the Corporation and BIF Thunder Holdings Inc., a newly-formed entity to be jointly owned by Brookfield Infrastructure Fund V and/or its affiliates (collectively, "Brookfield") and Caisse de dépôt et placement du Québec. This final court approval follows the shareholder approval that was obtained at the annual and special meeting of the Corporation's shareholders held on Thursday, June 4, 2026.

Gross Profit Grows 75% Year-Over-Year as Platform Operational Efficiency Improves

Transaction underscores shift to a focused, operator-led model centered on reliability, 
utilization, and financial performance

SHANGHAI, June 05, 2026 (GLOBE NEWSWIRE) -- Sigenergy, a global pioneer in "AI + Energy Storage" technology, accelerated its international growth at SNEC 2026 by securing a TÜV SÜD Bankability Due Diligence Report for its SigenTerra utility-scale storage system. This independent validation confirms SigenTerra’s exceptional technical maturity, safety, and long-term investment value, paving the way for seamless project financing worldwide.

MONTRÉAL, June 04, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) is pleased to announce that its shareholders have approved, at the annual and special meeting held on June 4, 2026 (the "Meeting"), a special resolution (the "Arrangement Resolution") approving the statutory plan of arrangement for the acquisition by BIF Thunder Holdings Inc., a newly-formed entity to be jointly owned by Brookfield Infrastructure Fund V and/or its affiliates (collectively, "Brookfield") and Caisse de dépôt et placement du Québec ("La Caisse"), of all the issued and outstanding Class A common shares of Boralex (the "Shares") at $37.25 in cash per Share (the "Arrangement").