Key facts
- Boralex received final court approval for its arrangement with Brookfield and La Caisse.
- Shareholder approval for the arrangement was previously obtained.
- The court's decision is a critical milestone, moving the acquisition closer to completion.
- The transaction is expected to close in the first quarter of 2024.
Boralex, a renewable energy company, announced that it has received final court approval for the arrangement with Brookfield and La Caisse. This approval follows the overwhelming support from Boralex shareholders for the transaction. The court's decision is a critical milestone, moving the acquisition closer to completion. The company expects to provide further details regarding the closing of the transaction in due course. The transaction is expected to close in the first quarter of 2024.