09:52 AM EST - Boralex Inc. : Reported substantial growth of its project portfolio and a significant increase in production on a Combined basis in the first quarter of 2023. EBITDA(A) of $171 million ($192 million) in Q1-2023, down $2 million (up $9 million) from Q1-2022. EBITDA(A) for the first quarter of 2022 included an amount of $16 million attributable to certain contracts for which Boralex had to record a provision in Q3-2022 following the implementation of the 2022 Supplementary Budget Act in France. Operating income of $77 million ($106 million) for Q1-2023, down $14 million (up $1 million) from Q1-2022. Boralex Inc.
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