Boralex is an independent producer of onshore wind, hydro, thermal, and solar power. It develops, builds, and operates renewable energy power facilities in Canada, France, and the U.S.
Income Investor
Sorry, you do not have access to this content.I recommended taking half profits when Boralex ran up over $45 a share during the enthusiasm for green sustainable companies in 2021. Boralex has since been hit by the sharp rise in interest rates affecting long-duration assets such as power companies, especially those with a pipeline of projects yet to come on stream. It remains a Buy for the long-term growth in its installed and operating assets and its steady growth in revenues and earnings. - Gavin Graham
Current Advice
Buy
Consult your broker/advisor
Capital Gain/Loss
35.7%
Interactive Performance Chart
BLX was first recommended here on August 3, 2018