La Caisse backs energy firm with $200m

Written by Adam Cadle

08/07/2025

La Caisse has provided $200m to energy firm, Boralex, as part of $250m in corporate financing the energy firm has secured overall.

Boralex said the capital from existing shareholder La Caisse was secured alongside a $50m investment by new partner Fondaction, a labour-sponsored fund based in Quebec, Canada.

Boralex has been a provider of renewable energy for over 30 years. The company is a leading producer in the Canadian market and France’s largest independent generator of onshore wind power, with additional facilities in the US and development projects in the UK.

Jérôme Marquis, managing director and head of private credit at La Caisse, said: “As a major shareholder since 2017, La Caisse supports Boralex, an independent Canadian leader in renewable energy production, in the development of a diversified portfolio of high-quality projects.

“By doubling our existing debt financing with this transaction, we reaffirm our confidence in Boralex’s execution capacity and continued growth, both in Québec and internationally.”

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