Thursday, 25 February 2016

Boralex reports 4th Quarter 2015 results, raises dividend 7.7%

Boralex reported their 4th Quarter 2015 results, which can be found here.

Renewable energy continues to be outperforming other asset classes in my portfolio to a significant degree, and Boralex continued that trend, demonstrating tremendous growth over 2015 and raising their dividned 7.7%. With the world increasingly moving away from fossil fuels as a source of electrical generation, renewable energy companies are reaping the benefits of their long term investments, planning and growth. Boralex has excellent exposure to wind and hydro generation in Canada, the US and France, and their current focus on the European continent has provided them tremendous opportunities with recent purchases of growth projects.

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