Boralex names Philippe Bonin as chief financial officer

Boralex Inc. (TSX: BLX) appointed Philippe Bonin as Executive Vice President and Chief Financial Officer, effective March 16, 2026, according to a company statement.

Bonin will replace Stéphane Milot, who served as Interim Chief Financial Officer and will return to his role as Vice President, Investor Relations and Financial Planning & Analysis. The Montreal-based renewable energy company said the appointment follows a selection process.

"Philippe brings extensive experience gained at major organizations across a variety of sectors—both capital-intensive and growth-driven—along with expertise that complements our executive team's strengths," said Patrick Decostre, President and Chief Executive Officer of Boralex.

Bonin has worked in regulated industries, telecommunications, technology, media, and private equity sectors. His previous roles included positions at Cogeco, TC Transcontinental, La Caisse, Talent.com, and Ernst & Young. He holds a Chartered Professional Accountant designation and an MBA from McGill University.

The company also announced organizational changes effective March 2, 2026. Corporate Social Responsibility and Enterprise Risk Management functions will be integrated into the Finance function. Mihaela Stefanov, who led CSR and ERM, will become Special Projects Lead in Asset Management.

Boralex operates renewable energy facilities in Canada, the United States, the United Kingdom, and France. The company reported 3,783 MW of installed capacity as of December 31, 2025, and has 8.2 GW of projects in development and construction.

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