Boralex Addresses Media Statements

MONTRÉAL, March 23, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. (the "Corporation") is aware of recent statements in the media regarding a strategic review of alternatives being conducted by the Corporation. The Corporation confirms that its Board of Directors has formed a special committee to review and recommend strategic alternatives. The special committee is continuing its strategic review and there can be no assurance that such review will result in a transaction. The Corporation remains focused on its stated business strategy and enhancing value for its shareholders. The Corporation does not intend to make any further comment unless or until there is a definitive transaction to announce or unless otherwise determined that further disclosure is appropriate or required by law.

Boralex, a significant player in the renewable energy sector, has released a statement addressing various media comments and reports regarding its recent operations and strategic direction. This communication is particularly crucial for stakeholders and the public to gain clarity on the company’s position and plans in the evolving energy landscape.

The company emphasizes its commitment to sustainable energy production and outlines various ongoing projects designed to enhance its portfolio in green energy. Boralex aims to position itself as a leader in the sector by investing in innovative technologies and expanding its operational footprint across different regions.

In the statement, Boralex also seeks to refute any misleading assertions made in recent media articles. It stresses the importance of accurate information in helping stakeholders understand the company’s vision and the broader impacts of its operations on the environment.

Additionally, the company highlights its achievements in reducing greenhouse gas emissions and advancing environmental sustainability. As public interest in renewable energy continues to grow, Boralex’s strategic initiatives aim to align with global sustainability goals while ensuring economic viability.

Furthermore, Boralex’s leadership reiterates the integrity of its business practices and the dedication to transparency in its communications. The company welcomes constructive dialogue with the media and stakeholders to further clarify misunderstandings and showcase its commitment to responsible energy production.