Energy Infrastructure Partners to acquire a 30% stake in Boralex for $600m.

Energy Infrastructure Partners, a private equity firm, agreed to acquire a 30% stake in Boralex, an energy company, for $600m. “We are grateful to the EIP team for the trust they’ve placed in us. We look forward to joining forces to fulfil our ambitions alongside a renowned player in our industry who knows the European renewable energy sector well and who shares our values of corporate social responsibility. In addition to creating significant value for our shareholders, this investment illustrates the quality of our team’s work in France and Canada and lets us showcase the leading platform we have been building for over 20 years,” Patrick Decostre, Boralex President and CEO.