Funding, M&A and exec moves matched to your market — guaranteed to pay for itself in a year, or we refund it. See terms for full details.See plans →

Brookfield and La Caisse acquire Boralex for $6.5bn

PUBLIC · BAMAug 17, 2026•about 3 hours ago

Acquiring Company

Brookfield Asset Management

Acquired Company

Boralex

New York

MontrealEnergyFinancial ServicesReal EstateFinanceFintechEnergyRenewable EnergySolar

Description

Brookfield Asset Management and La Caisse have completed the acquisition of Boralex for approximately C$9bn ($6.5bn). The transaction involves acquiring all outstanding class A common shares at C$37.25 per share in cash. Following the deal, Boralex will continue to operate independently while advancing its strategic plan. La Caisse will increase its stake in Boralex to 30% post-acquisition.

Company Information

Company

Brookfield Asset Management

Location

New York, New York, United States

About

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with $850 billion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles. For more information, please visit our website at https://bam.brookfield.com or contact:

Don't miss Brookfield Asset Management's next move

Get an email the moment Brookfield Asset Management makes an acquisition, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Choose your plan to reveal verified contacts

Predictive Intelligence

Strategic

ML-powered predictions for Brookfield Asset Management's next move

Learn about Strategic plan

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Boralex?

Boralex was acquired by Brookfield Asset Management, based in New York. The deal was reported on August 17, 2026. Brookfield Asset Management Ltd. Brookfield Asset Management is publicly traded (BAM) and operates in Energy.

When did Brookfield Asset Management acquire Boralex?

Brookfield Asset Management's acquisition of Boralex was reported on August 17, 2026. Brookfield Asset Management and La Caisse have completed the acquisition of Boralex for approximately C$9bn ($6.5bn). The transaction involves acquiring all outstanding class A common shares at C$37.25 per share in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Boralex do?

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. It is privately held, operating in Energy, and is based in Montreal.