Public market insider selling at Boralex (BLX)

Public market insider selling at Boralex (T:BLX)

Edward Hume Kernaghan, a Director, disposed of 121,000 Common Shares on an indirect ownership basis for registered holder Kernwood Limited at prices ranging from $40.200 to $40.800 between March 30th, 2022 and March 31st, 2022. This represents a $4,903,218 divestment of the company's shares and an account share holdings change of -15.6%.

Boralex is in the Electric Utilities Sub Industry Group under the Utilities Sector.

Boralex Inc. is primarily engaged in the development, construction and operation of renewable energy power facilities. The Company operates through four segments: wind, hydroelectric, solar and thermal power. It operates under power generation industry sector. The Company has interests in approximately 89 wind farms, over 16 hydroelectric power stations, approximately 10 solar power stations and one thermal power station, which is representing an asset base with an installed capacity totaling approximately 2,462 megawatts (MW). The Company has projects under development, which is representing an approximately 143 MW of power and a portfolio of projects amounting to over 521 MW. It also operates approximately two hydroelectric power stations on behalf of R.S.P. Energie Inc. The Company operates in Canada, France and the United States.