Brookfield, La Caisse acquire Toronto-listed renewable platform

Brookfield Asset Management, alongside its Brookfield Renewable Partners and La Caisse, the Canadian institutional investor, have completed the acquisition of Boralex, a renewable energy provider across the UK and North America.

The parties have acquired all issued and outstanding shares of Boralex for a price of $37.25 (AU$37.87) per share, with Computershare Investor Services acting as the depositary for the arrangement, ensuring sufficient funds are paid to shareholders of Boralex.

Registered shareholders must return their duly completed letters of transmittal to Computershare in order to receive the consideration to which they are entitled for their shares

Following the completion, Boralex will continue to operate independently, while the investment from Brookfield and La Caisse will help advance the business' mission of delivering affordable, renewable energy and enable it to meet growing demand driven by electrification, reindustrialisation, digitalisation, and energy security imperatives.

As a result of the transaction, the shares had been delisted from the Toronto Stock Exchange on 17 August 2026.