Boralex reports net earnings of $33 million for fiscal 2025 marked by the commissioning of large-scale projects in Canada and the United Kingdom

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[{"type":"image","alt":"Boralex Inc.","displaySize":"","headline":null,"caption":"Boralex Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":103,"url":"https://media.zenfs.com/en/globenewswire.com/39aaa38f14fedae1f00e9148e6b0070d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/oWdlLphYyl6OKaSrmI4kyQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE0NDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/39aaa38f14fedae1f00e9148e6b0070d","width":300,"height":103}},"lazy":false},{"type":"text","content":"MONTREAL, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) is pleased to report its results for the fourth quarter and fiscal 2025.","length":173,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"text","content":"Financial results","length":17,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Production and net earnings higher in Q4-2025","length":45,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Quarterly production up 18% (17% on a Combined1 basis)2 from Q4-2024, owing mainly to favourable wind conditions and the impact of newly commissioned sites, and 5% (7%) below anticipated production1. Production for fiscal 2025 is up 8% (8%) from 2024 and 8% (10%) below anticipated production;","length":293,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating income of $68 million ($85 million) in Q4-2025, down $10 million (up $32 million)3 from Q4-2024; operating income of $166 million ($248 million) for fiscal 2025, down $60 million ($19 million) from 2024;","length":213,"tagName":"p"}]},{"val":[{"type":"text","content":"EBITDA(A)1 of $178 million ($203 million) in Q4-2025, up $9 million ($12 million) from Q4-2024 due mainly to higher production and favourable exchange rates, partially offset by lower prices under short-term power purchase agreements in France; EBITDA(A) of $552 million ($655 million) for fiscal 2025, down $29 million ($15 million) from 2024;","length":344,"tagName":"p"}]},{"val":[{"type":"text","content":"Net earnings of $26 million in Q4-2025, $28 million better than in Q4-2024, net earnings of $33 million for fiscal 2025, down $41 million from 2024.","length":148,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":998,"olType":false}]},{"val":[{"type":"text","conte...

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