Both Leading Independent Proxy Advisors Recommend Boralex Shareholders Vote FOR Arrangement
MONTRÉAL, May 21, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) is pleased to announce that both leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis"), have issued reports recommending shareholders of Boralex ("Shareholders") vote FOR the previously announced plan of arrangement (the "Arrangement") involving the Corporation and BIF Thunder Holdings Inc., a newly formed entity to be jointly owned by Brookfield Infrastructure Fund V and/or its affiliates and Caisse de dépôt et placement du Québec ("La Caisse"), as more particularly described in the management information circular (the "Circular") recently mailed to Shareholders and available on Boralex's SEDAR+ profile. All capitalized terms not defined herein have the meanings ascribed to such terms in the Circular.
BLX - Banco Latinoamericano de Comercio Exterior, S. A.