Story perspectives

Brookfield and Caisse Acquire Boralex for C$3.8 Billion

3/25/2026

Summary

Story summary

Brookfield Corp. and Caisse de dépôt et placement du Québec will acquire Montreal-based Boralex Inc. for C$3.8 billion.
Shareholders will receive C$37.25 per share, representing a 32% premium over the previous closing price.
Boralex's CEO indicated that the deal will facilitate the company's growth phase, which requires significant capital.
Brookfield will hold a 70% stake in Boralex, while Caisse will own 30%.
Analysts view the acquisition favorably, anticipating minimal regulatory issues before its expected closure by the end of 2026.

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Story summary

Brookfield Corp. and Caisse de dépôt et placement du Québec will acquire Montreal-based Boralex Inc. for C$3.8 billion.
Shareholders will receive C$37.25 per share, representing a 32% premium over the previous closing price.
Boralex's CEO indicated that the deal will facilitate the company's growth phase, which requires significant capital.
Brookfield will hold a 70% stake in Boralex, while Caisse will own 30%.
Analysts view the acquisition favorably, anticipating minimal regulatory issues before its expected closure by the end of 2026.