Business
Boralex announces the departure of its Chief Financial Officer
MONTREAL, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “...
About this update from Boralex Inc. Class A
[{"type":"text","content":"Boralex announces the departure of its Chief Financial Officer\n\n\n\n MONTREAL, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces that Bruno Guilmette, Executive Vice President and Chief Financial Officer, has chosen to take on new challenges by accepting a new professional opportunity, after nearly seven years with the Company. He will remain as Chief Financial Officer until September 12, 2025, to ensure a smooth transition.\n \n\n A respected leader, Bruno Guilmette has played a key role in Boralex’s financial evolution over the past six years—a period marked by strong growth and the implementation of a strategic plan that enabled the company to double in size. He brought a disciplined vision of financial management and a renewed approach to capital markets. Under his leadership, the Company completed several transactions and financings, including the sale to Energy Infrastructure Partners of a 30% stake in Boralex’s operating assets and development projects in France. He led the implementation of a solid, flexible, and diversified financial structure for the Company—an essential asset in the execution of the new 2030 Strategy unveiled last June.\n \n\n To ensure a robust interim period, Stéphane Milot, Vice President of Investor Relations and Financial Planning & Analysis, will assume the role of Executive Vice President and Chief Financial Officer starting September 13, 2025. Mr. Milot has been with Boralex and has worked closely with Bruno Guilmette for over six years. Relying on the existing team, his extensive experience, his recognized leadership across the Company, and his deep expertise in financial markets and investor relations, he will ensure business continuity.\n \n\n “I commend Bruno’s valuable contribution and dedication since the beginning of his tenure. Among other achievements, Bruno played a key role—alongside all Boralex teams—in reaching the financial targets of our 2025 Strategic Plan, entering a new market in Europe, closing numerous projects and financings, and many other milestones that have placed us on a strong financial trajectory. Thanks to his clear vision and unwavering commitment, we are entering our new strategic cycle in a solid financial position,”...