M&A Deal Summary

Resolute Forest Products Acquires Boralex - Senneterre Power Plant

On April 1, 2022, Resolute Forest Products acquired renewable energy company Boralex - Senneterre Power Plant from Boralex

Acquisition Highlights
  • This is Resolute Forest Products’ 1st transaction in the Renewable Energy sector.
  • This is Resolute Forest Products’ 3rd transaction in Canada.
  • This is Resolute Forest Products’ 3rd transaction in Quebec.

M&A Deal Summary
Date 2022-04-01
Target Boralex - Senneterre Power Plant
Sector Renewable Energy
Buyer(s) Resolute Forest Products
Sellers(s) Boralex
Deal Type Divestiture

Target

Boralex - Senneterre Power Plant

Kingsey Falls, Quebec, Canada
Boralex's Senneterre Power Plant provides a 34.5 MW power plant.

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Buyer(S) 1

Buyer

Resolute Forest Products

Montreal, Quebec, Canada
Category Company
Sector Forest Products
Employees7,700
Revenue 4.3B USD (2014)
DESCRIPTION

Resolute Forest Products is engaged in the forest products industry with a diverse range of products, including newsprint, specialty papers, market pulp and wood products. The company owns or operates some 40 pulp and paper mills and wood products facilities in the United States, Canada and South Korea, and power generation assets in Canada. Barclays is based in Montreal, Quebec.

DEAL STATS #
Overall 5 of 5
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 3 of 3
State (Quebec) 3 of 3
Country (Canada) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-24 Conifex Timber - Three U.S. Sawmills

United States

Conifex Timber's Three U.S. Sawmills produce construction-grade dimensional lumber and decking products.

Buy $163M

Seller(S) 1

SELLER

Boralex

Kingsey Falls, Quebec, Canada
Category Company
Founded 1982
Sector Renewable Energy
Employees753
Revenue 1.0B CAD (2023)
DESCRIPTION

Boralex is a power producing company involved in developing and operating renewable energy power stations. The company has four power generation types — wind, hydroelectric, thermal and solar. Boralex was founded in 1982 and is based in Kingsey Falls, Canada.

DEAL STATS #
Overall 2 of 2
Sector (Renewable Energy) 2 of 2
Type (Divestiture) 2 of 2
State (Quebec) 2 of 2
Country (Canada) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-30 Boralex - Blendecques Cogeneration Plant

Kingsey Falls, Quebec, Canada

Boralex, Inc. - Blendecques Cogeneration Plant is a 12 MW Blendecques cogeneration plant that produces renewable power.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-04 Infinergy

Wimborne, United Kingdom

Infinergy is a renewable energy company, developing onshore wind farms throughout the United Kingdom. The company has in-house expertise and experience needed to design, develop and build wind farms. The company's focus is the UK where it considers wind resource to be one of the most promising forms of sustainable energy. Infinergy was founded in 2003 and is based in Wimborne, United Kingdom.

Buy -
Mergr

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