Boralex Acquisition by Brookfield and La Caisse: Information and Official Documents

On August 14, 2026, Boralex, Brookfield and La Caisse announced the completion of the previously announced acquisition of Boralex by Brookfield and La Caisse (the “Purchaser”).

Under the terms of the arrangement, the Purchaser acquired all issued and outstanding Class A common shares of Boralex for $37.25 in cash per share.

Following completion of the transaction, Boralex will continue to operate independently. As demonstrated across Brookfield's other portfolio companies, the investment by Brookfield and La Caisse will support Boralex's mission of delivering affordable renewable energy and help meet growing demand driven by electrification, reindustrialization, digital transformation and energy security requirements.

Letters of transmittal were sent to registered shareholders and are also available under Boralex's profile on SEDAR+. These documents explain how registered shareholders may deposit their shares and receive payment. Registered shareholders must submit their completed letters of transmittal to Computershare in order to receive the consideration payable for their shares.