Philippe Bonin
MONTREAL, Feb. 27, 2026 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the appointment of Philippe Bonin as Executive Vice President and Chief Financial Officer, effective March 16, 2026. In this role, Mr. Bonin will bring his extensive experience to support the delivery of the 2030 Strategic Plan.
Mr. Bonin’s appointment follows a rigorous selection process. Stéphane Milot, who has served as Interim Chief Financial Officer, will return to his role as Vice President, Investor Relations and Financial Planning & Analysis. Together, Mr. Milot and Mr. Bonin will work closely to ensure a smooth transition and to continue advancing the Finance function, enabling the full mobilization of the financial levers necessary to support the Company’s success.
“I am very pleased to welcome Philippe to Boralex as we enter a new phase of expansion,” said Patrick Decostre, President and Chief Executive Officer of Boralex. “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. I am confident that he will bring renewed momentum to our development and make a significant contribution from day one as we work toward our strategic objectives and deliver on our major initiatives.”
Mr. Decostre added: “I want to acknowledge the remarkable contribution and unwavering dedication of Stéphane Milot over the past months in assuming the interim role. Since joining Boralex, Stéphane has been a key player in the Company’s progress and in strengthening our culture of excellence and respect. His unifying leadership, recognized across teams, has been indispensable during this period of change.”
Philippe Bonin is a seasoned financial executive with extensive experience across regulated industries as well as the telecommunications, technology, media, and private equity sectors. Known for his people-centered leadership, he has led strategic capital allocation decisions, managed mergers and acquisitions, overseen project evaluations, and developed long-term financial planning initiatives. His cross-sector track record gives him hands-on expertise in navigating diverse business models and operating in complex environments.
“I am honoured to be joining Boralex and to contribute to its mission at such a pivotal moment in its growth, marked by new ambitions and tremendous opportunities,” said Mr. Bonin. “I look forward to working closely with the Finance team and with leaders across the Company to advance value-creating initiatives across all our markets.”