MONTREAL, May 21, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce it has entered into a Renewable Energy Standard Agreement with the New York State Energy Research and Development Authority (NYSERDA) to procure Tier-1 RECs from each of its Fort Covington Solar Project and Two Rivers Solar Project, totaling 450 MW. The signing of these contracts marks a significant milestone in Boralex’s contribution to renewable energy in New York and in the Company’s dev ...

Core Points - The Des Neiges - Secteur sud wind power project has secured $960 million in financing and is currently under construction, with a total capacity of 400 MW [1][10] - The project is expected to significantly contribute to the economic development of Côte-de-Beaupré and enhance Québec's economic and climate resilience, representing an investment of around $1 billion [2] - Approximately 500 jobs will be created during the construction phase, with around 15 jobs during operation and maintenance [2] - The project will distribute over $80 million to host communities, specifically for the Secteur sud project [2] - The project aims to generate 1.2 TWh of energy annually, enough to power about 70,000 homes or 325,000 electric vehicles [6] Financial Highlights - The financing structure includes a $733 million construction loan, a $170 million bridge loan, and a $57 million guarantees facility [8] - The construction loan will convert to a term loan upon the start of electricity deliveries, expected in Q4 2026 [8] Project Development - Borea Construction has been mobilized for preliminary work since December 2024, with site work scheduled to begin in the coming months [5] - The project is the first of three potential 400 MW wind power projects planned for the Seigneurie de Beaupré private lands [6] Company Collaboration - Boralex, Énergir, and Hydro-Québec are collaborating on this project, emphasizing the importance of partnerships in achieving energy independence and sustainable growth for Québec [3]

MONTREAL, May 14, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) held its annual meeting of shareholders earlier today. During the meeting chaired by Alain Rhéaume, Chairman of the Board, shareholders elected directors and adopted the resolutions proposed. Mr. Rhéaume opened the meeting by outlining Boralex's highlights for the year 2024, during which the Company continued to stand out thanks to the agility and flexibility that have long characterized it. He pointed out that t ...

MONTREAL, May 12, 2025 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2025 first quarter results will take place on Wednesday, May 14, 2025, at 9 a.m. Financial analysts and investors are invited to attend a conference call during which the financial results will be presented. Date and time Wednesday, May 14, 2025, at 9 a.m. ET To attend the conference Webcast link: https://edge.media-server.com/mmc/p/3nwdfvm2 To attend the event by phone: Click he ...

Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX) Q1 2025 Earnings Conference Call May 6, 2025 11:00 AM ET Company Participants Jorge Salas - CEO Ana Graciela de Mendez - EVP and CFO Annette van Hoorde - SVP, Funding and Asset-Liability Management Eduardo Vivone - EVP, Treasury and Capital Markets Samuel Canineu - Chief Commercial Officer, Brazil Conference Call Participants Íñigo Vega - Jefferies Ricardo Buchpiguel - BTG Operator Good morning, ladies and gentlemen, and welcome to Bladex's First ...

Banco Latinoamericano de Comercio Exterior (BLX) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Jorge L. Salas Taurel - CEOAnnette van Hoorde - EVP & CFOInigo Vega - Managing DirectorSamuel Canineu - EVP- Commercial BankingRicardo Buchpiguel - Equity Research Director Operator Good morning, ladies and gentlemen, and welcome to Bladex First Quarter twenty twenty five Earnings Conference Call. A slide presentation is accompanying today's webcast and is also available on the Investors sect ...

Banco Latinoamericano de Comercio Exterior (BLX) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to Bladex First Quarter twenty twenty five Earnings Conference Call. A slide presentation is accompanying today's webcast and is also available on the Investors section of the company's website, www.bladex.com. There will be an opportunity for you to ask questions at the end of today's presentation. Please note, today's conference call is being recorded. As ...

2 Well diversified Commercial and Investment Portfolios MAY 2025 1 Highlights 1Q25 ROE FY 15.4% ↓ 10 bps QoQ | ↓ 134 bps YoY Net Income $52M 0% QoQ |↑ 1% YoY Earnings and RoE Commercial Book $10.7 Bn ↑ 6% QoQ |↑23% YoY Deposits $5.9 Bn ↑ 8% QoQ |↑ 24% YoY Commercial Portfolio and Total Deposits NIM 2.36% ↓ 8 bps QoQ | ↓ 11 bps YoY Margins and Asset Quality Net Fees $10.6M ↓ 11% QoQ | ↑ 12% YoY Efficiency Ratio 26.9% ↓ 225 bps QoQ | ↑ 174 bps YoY Fee Income and Efficiency NPLs 0.1% ↓ 1 bps QoQ | ↑ 4 bps YoY ...

PANAMA CITY, May 5, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the First Quarter ("1Q25") ended March 31, 2025.The consolidated financial information in this document has been prepared in accordance with International Financial ...

PANAMA CITY, May 5, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"), announced today its Board of Directors' approval of a quarterly cash dividend of US$0.625 per share corresponding to the first quarter of 2025.The cash dividend is payable June 3, 2025 to the Bank's stockholders as of May 16, 2025 record date.As of March 31, 2025, Bladex had 37,154,366.86 shares outstanding of all classes.Bladex, a multinational bank originally established by the central banks ...