8/8/2025

speaker
Operator
Conference Operator

Good morning, ladies and gentlemen, and welcome to the Boralex Second Quarter 2025 Financial Results Conference Call. Note that all lines will be in listen-only mode. Following the presentation, we will conduct a question-and-answer session in which financial analysts, shareholders, and investors will be invited to ask their questions by pressing star 1 and 1 on the telephone and wait for their name to be announced. If you wish to ask a question via the webcast, please type them in the question box and click Submit. Please also note that today's conference is being recorded. For webcast participants, you can also ask questions during the conference, but they will be answered by email after the call. Finally, media representatives are invited to contact Camille Aventura, Senior Advisor, Public Affairs and External Communications at Boralex. Her contact information is provided at the end of the quarterly press release. I would now like to turn the conference over to Colleen Desiormaux, Director, Investor Relations for Boralex. Please go ahead.

speaker
Colleen Desiormaux
Director, Investor Relations

Thank you, operator. Good morning, everyone. Welcome to Boralex's second quarter results conference call. On today's call, Patrick Decote, our President and Chief Executive Officer, will provide an update of our business. Afterwards, Bruno Guillemette, our Executive Vice President and Chief Financial Officer, will present the financial highlights of the quarter. Then we will be available to answer your questions. During this call, we will discuss historical as well as forward-looking information. When talking about the future, there are a variety of risk factors that have been listed in our different filings, which can materially change our estimated results. These documents are all available for consultation on CDAR. Mr. Ducasse will now start with his comments. Please go ahead, Patrick.

speaker
Patrick Decote
President & Chief Executive Officer

Thank you, Colin, and good morning, everyone, and thank you for joining us today. Before we start, I would like to take some time to highlight the other announcements we made this morning. First, I would like to sincerely thank Bruno Gilmette for his outstanding contributions over the past seven years as our CFO. Bruno has played a key role in shaping our strong financial foundation, helping us double in size and hit major milestones. Under his leadership, the company completed several transactions and financings, including the sale to energy infrastructure partner EIP of a stake of 30% in Boralec's operating assets and development project in France. We will miss him. Why we will miss him? We are in great end with Stéphane Milot stepping in during the interim period. Stéphane has a strong financial background and solid experience in different finance and IR role he played in the past 30 years. He has worked closely with Bruno in the past years and knows our business inside out. Bruno, thank you for everything and good luck for your new professional challenges.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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Investor presentation