Home Quarter Results Boralex’s operating results continue to grow in the third quarter
Boralex’s operating results continue to grow in the third quarter

Boralex’s operating results continue to grow in the third quarter

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Boralex Inc. announced improved financial results, driven mainly by the contribution of recently acquired or commissioned assets.

  • 52.9% growth in production (43.9% on a proportionate consolidation basis) stemming from favourable wind and water flow conditions, respectively, in France and Canada in the third quarter of 2015.
  • 63.4% increase in revenues from energy sales (51.9% on a proportionate consolidation basis)
  • 88% increase in EBITDA(A) (64.8% on a proportionate consolidation basis)
  • Redemption and conversion of the 6.75% convertible unsecured subordinated debentures issued in September 2010
  • Commissioning of the 10 MW Les Cigalettes solar power station in the Monfort-Peyruis region, France on October 2, 2015
For more information pls go through attached PDF….C-BLX Q3-2015 VF (04-11-2015)

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Anand Gupta Editor - EQ Int'l Media Network

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