Renewables Firm Boralex Is Said To Explore Going Private (2)

Canadian renewable energy firm Boralex Inc. is weighing its options including a potential deal to go private.

The Montreal-based company is working with Canadian banks to handle proposals, according to people familiar with the matter, asking not to be identified discussing confidential matters.

Boralex confirmed the Bloomberg News report Monday night, saying it had formed a special committee of the board to review strategic alternatives. Those deliberations are early and the company could still decide to remain public.

Boralex builds and operates renewable energy production sites in Canada, the US, France and the UK, including onshore wind, solar, hydroelectricity and ...