Saturday, 18 May 2024


Boralex announces the election of its directors and  highlights of its Annual Meeting of Shareholders By

MBIA Inc. Reports First Quarter 2024 Financial Results By

MONTREAL, May 15, 2024 (GLOBE NEWSWIRE) — Boralex Inc. (Boralex or the Company) (TSX: BLX) held its annual meeting of shareholders earlier today. During the online meeting chaired by Alain Rhéaume, Chairman of the Board, shareholders elected directors and adopted the resolutions proposed.

Mr. Rhéaume opened the meeting by outlining Boralex’s highlights for the year 2023, a year of strong, disciplined and profitable growth despite challenging economic conditions. He highlighted the increase in the Company’s project portfolio, while operating assets continued to deliver high returns and increased diversification in terms of technology, customer base and partnerships. Boralex also made substantial strides in corporate social responsibility, including the adoption of a new integrated risk management framework under the direct supervision of the Board of Directors. Finally, Mr. Rhéaume underlined the arrival of Mr. Dominique Minière on the Board at the beginning of 2024.

Election of directors  

All nominees proposed in the Management Proxy Circular dated March 8, 2024, were elected directors of Boralex. The results of the vote by ballot were as follows:  

Nominee   For   Against  
  # % # %
André Courville   71,458,609 96.85% 2,323,599 3.15%
Lise Croteau   71,088,387 96.35% 2,693,821 3.65%
Patrick Decostre 71,459,070 96.85% 2,323,138 3.15%
Marie-Claude Dumas   67,842,050 91.95% 5,940,158 8.05%
Marie Giguère   69,760,832 94.55% 4,021,375 5.45%
Ines Kolmsee   70,585,450 95.67% 3,196,757 4.33%
Patrick Lemaire 71,380,991 96.75% 2,401,217 3.25%
Dominique Minière   72,501,687 98.26% 1,280,521 1.74%
Alain Rhéaume   70,372,235 95.38% 3,409,973 4.62%
Zin Smati 70,351,823 95.35% 3,430,384 4.65%
Dany St-Pierre   70,594,358 95.68% 3,187,849 4.32%

The final voting results on all questions submitted to a vote at the Annual Meeting will be filed with  SEDAR+ (

About Boralex

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30  years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3  GW. We are developing a portfolio of close to 6,7  GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex…

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