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Last C$12.86 CAD
Change Today -0.04 / -0.31%
Volume 38.8K
BLX On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
As of 11:03 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

boralex inc -a (BLX) Snapshot

Open
C$12.90
Previous Close
C$12.90
Day High
C$12.95
Day Low
C$12.78
52 Week High
05/12/15 - C$14.58
52 Week Low
08/24/15 - C$12.10
Market Cap
616.8M
Average Volume 10 Days
200.4K
EPS TTM
C$-0.39
Shares Outstanding
48.0M
EX-Date
08/27/15
P/E TM
--
Dividend
C$0.52
Dividend Yield
4.05%
Current Stock Chart for BORALEX INC -A (BLX)

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boralex inc -a (BLX) Details

Boralex Inc., together with its subsidiaries, develops, constructs, and operates renewable energy power facilities. It operates power stations with a total installed capacity of approximately 1,108 megawatts (MW), including 938 MW under its control in Canada, France, and the United States. The company has interests in 40 wind power stations with capacity of 728 MW; 15 hydroelectric power stations with a capacity of 158 MW; 2 thermal power stations with an installed capacity of 47 MW; and 1 solar power facility with an installed capacity of 5 MW, as well as operates 2 hydroelectric power stations. Boralex Inc. was founded in 1982 and is headquartered in Kingsey Falls, Canada.

250 Employees
Last Reported Date: 08/5/15
Founded in 1982

boralex inc -a (BLX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$391.2K
Chief Financial Officer and Vice President
Total Annual Compensation: C$255.4K
Chief Legal Officer, Vice President of Europe...
Total Annual Compensation: C$190.6K
Vice President of Development
Total Annual Compensation: C$180.4K
General Manager of Europe
Total Annual Compensation: C$213.3K
Compensation as of Fiscal Year 2014.

boralex inc -a (BLX) Key Developments

Boralex Completes Financing of the Côte-de-Beaupré Project in Québec

Boralex Inc. announced the closing of a project financing totaling $64.4 million for the Côte-de-Beaupré community wind farm in partnership with the Côte-de-Beaupré Regional County Municipality ("RCM"). Financing for the 23.5MW wind farm consisted of: a CAD 54.8 million construction loan, to be converted into a term loan with an 19.5-year term after the beginning of commercial operations; and short-term credit facilities, including bridge financing and a letter of credit facility, totaling CAD 9.6 million, for purposes of financing certain costs incurred during construction that are reimbursable by Hydro-Québec and issuing various letters of credit. The Côte-de-Beaupré wind farm, covered by a 20-year power purchase agreement with Hydro-Québec, is a community wind power project under a partnership between the Côte-de-Beaupré RCM (49%) and Boralex (51%). Ten Enercon E-92 wind turbines are being installed on the private lands of the Seigneurie de Beaupré and commissioning is expected in December 2015. The financing agreement was contracted with National Bank of Canada as lead arranger and sole bookrunner. Along with the investments and the commitments undertaken by Boralex and its partner, the project is fully financed.

Boralex Inc. Declares Quarterly Dividend, Payable on September 16, 2015

Boralex Inc. Board of Directors has authorized and declared a quarterly dividend of $0.13 per common share to be paid on September 16, 2015 to shareholders of record at the close of business on August 31, 2015. Boralex has designated this dividend as an eligible dividend within the meaning of Section 89.14 of the Income Tax Act (Canada) and all provisions of provincial laws applicable to eligible dividends.

Boralex Inc. Reports Consolidated Production and Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Capital Expenditure Guidance for the Second Half of 2015

Boralex Inc. reported consolidated production and earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported production of 662.5 GWh compared to 500.0 GWh a year ago. For the six months period, the company reported production of 1,396.1 GWh compared to 1,077.3 GWh a year ago. For the quarter, the company reported revenues from energy sales of $73.0 million compared to $53.8 million a year ago. EBITDA was $46.6 million compared to $32.2 million a year ago. Net loss attributable to shareholders of the company was $5.0 million or $0.10 per basic share compared to $4.3 million or $0.11 per basic share a year ago. Cash flows from operations were $27.5 million or $0.57 per basic share compared to $12.2 million or $0.32 per basic share a year ago. For the six months period, the company reported revenues from energy sales of $164.2 million compared to $129.3 million a year ago. EBITDA was $109.0 million compared to $83.9 million a year ago. Net earnings attributable to shareholders of the company were $1.6 million or $0.03 per basic share compared to $3.6 million or $0.09 per basic share a year ago. Cash flows from operations were $70.3 million or $1.47 per basic share compared to $48.8 million or $1.28 per basic share a year ago. The company expects to spend approximately $233 million in property, plant and equipment for the remainder of 2015 and another $68 million in 2016 and 2017.

 

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Price/Sales 2.6x
Price/Book 1.5x
Price/Cash Flow 9.7x
TEV/Sales NM Not Meaningful
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