Core Insights - Boralex Inc. will release its fourth quarter results for 2025 on February 27, 2026, at 11 a.m. ET, with a conference call for financial analysts and investors [1][2] Group 1: Financial Results Announcement - The financial results will be presented during a conference call, and interested parties can attend via a webcast or phone registration [2][3] - A press release with financial information will be available on Boralex's website on February 27, 2026, at 7 a.m. [3] Group 2: Company Overview - Boralex has been a leader in providing affordable renewable energy for over 35 years, with a significant presence in Canada and France as the largest independent producer of onshore wind power [4] - The company's installed capacity has increased by over 50% in the past five years, reaching 3,403 MW as of now, following the commissioning of a new 100 MW wind farm [4] - Boralex is developing a portfolio of projects totaling 8 GW in wind, solar, and storage, emphasizing corporate social responsibility and sustainability [4]

Core Insights - Boralex Inc. will release its fourth quarter results for 2025 on February 27, 2026, at 11 a.m. ET, with a conference call for financial analysts and investors [1] - The financial information will be available through a press release and on Boralex's website at 7 a.m. on the same day [3] Company Overview - Boralex has been providing affordable renewable energy for over 35 years and is a leader in the Canadian market, as well as the largest independent producer of onshore wind power in France [4] - The company has increased its installed capacity by over 50% in the past five years, reaching 3,303 MW as of September 30, 2025, and has recently commissioned a new wind farm of 100 MW, bringing the total to 3,403 MW [4] - Boralex is developing a portfolio of projects totaling 8 GW in wind, solar, and storage, guided by corporate social responsibility values [4] - The company has been recognized as the Best Corporate Citizen in Canada by Corporate Knights and is actively participating in the fight against global warming [4]

Core Viewpoint - Voltalia has secured a new €244.4 million financing to extend debt maturity and facilitate early repayment of its 2026 maturity, supporting its SPRING plan for self-financed growth and reduced leverage [1][2]. Financing Details - The financing consists of a €146.6 million revolving credit facility and a €97.7 million term loan, with a maturity of 3 years, extendable to 5 years [2]. - The revolving credit facility includes a swingline, allowing for weekly drawdowns [9]. - The financing is designed to optimize financial terms and extend the average debt maturity, aligning with Voltalia's disciplined financial management policy [3]. Strategic Alignment - The financing supports the implementation of Voltalia's SPRING roadmap, focusing on developing new renewable energy projects, optimizing its asset portfolio, and enhancing financial flexibility [2]. - The transaction reflects the confidence of Voltalia's banking partners, which include a consortium of 12 leading financial institutions [5]. Environmental Impact - The financing is categorized as "impact" financing, with interest rates adjusted based on non-financial performance targets related to occupational health and safety, CO₂ emissions reduction, and dual land use [4]. Company Overview - Voltalia operates in the renewable energy sector, producing and selling electricity from various sources, including wind, solar, hydro, biomass, and storage, with a total capacity of 3.6 GW in operation and under construction, and a project portfolio of 17.4 GW [6]. - The company employs over 2,000 people across 20 countries and is listed on the Euronext regulated market in Paris [8].

Group 1 - Voltalia is an international player in renewable energies, producing and selling electricity from wind, solar, hydro, biomass, and storage facilities with a total operational and under-construction capacity of 3.3 GW and a project development portfolio of 17.4 GW [2][5] - The company provides a comprehensive range of services to businesses, including the supply of green electricity, energy efficiency services, and local electricity production [3] - Voltalia has over 2,000 employees across 20 countries on 3 continents, enabling it to operate globally for its customers [4] Group 2 - The company is listed on the Euronext regulated market in Paris and is included in the Enternext Tech 40 and CAC Mid&Small indices, as well as in MSCI ESG ratings and Sustainalytics ratings [5] - Voltalia has released its 2026 financial communication calendar, with key dates including Q4 2025 turnover on January 28, 2026, and 2025 full-year results on March 12, 2026 [1]

Core Insights - Voltalia has achieved its 2025 target for total capacity of 3.6 gigawatts, with a total capacity of 3,554 megawatts, including 2,913 megawatts in operation [1][4] - The company reported a production curtailment rate of 21%, higher than the expected 10%, impacting overall production [5] Capacity in Operation - Voltalia commissioned 408 megawatts in 2025, leading to an operating capacity of 2,913 megawatts, which represents a growth of 16% [2] - The distribution of the operating capacity is as follows: 54% in Latin America, 33% in Europe, and 13% in the rest of the world [2] Capacity Under Construction - The company initiated construction for 305 megawatts in 2025, bringing the total capacity under construction to 641 megawatts [3] - The distribution of the capacity under construction is: 58% in Europe, 31% in Africa and International, and 11% in Latin America [3] Total Capacity Growth - The combined capacity of plants in operation and under construction increased by 298 megawatts, representing a 9% growth in 2025 [4] New Contracts and Market Position - Voltalia secured new long-term power sales contracts in Italy for a total of 68 megawatts, enhancing its market position in Europe [4] Financial Outlook - The company reaffirms its EBITDA target for 2025 to be between 200 and 220 million euros, with expectations of a higher net loss in the second half compared to the first half of 2025 [9]

Core Viewpoint - Voltalia, an international player in renewable energies, has announced its liquidity account details as of December 31, 2025, and is set to report Q4 2025 turnover on January 28, 2026 [1] Group 1: Company Overview - Voltalia operates in the renewable energy sector, producing and selling electricity from wind, solar, hydro, biomass, and storage facilities, with a total capacity of 3.3 GW in operation and under construction, and a project portfolio of 17.4 GW under development [1][2] - The company employs over 2,000 staff across 20 countries on three continents, enabling it to provide global services to its customers [3] Group 2: Services Offered - Voltalia provides comprehensive services to its renewable energy customers, covering all project stages from design to operation and maintenance, including the supply of green electricity and energy efficiency services [2] Group 3: Market Position - Voltalia is listed on the Euronext regulated market in Paris and is included in indices such as Enternext Tech 40 and CAC Mid&Small, as well as in MSCI ESG ratings and Sustainalytics ratings [4] Group 4: Liquidity Account Details - As of December 31, 2025, the liquidity account managed by NATIXIS ODDO BHF included 32,937 shares valued at €692,804, with a total of 2,465 buy transactions and 2,350 sell transactions during the period [5] - The volume traded on the buy side was 509,709 shares for €3,789,286, while the sell side volume was 509,441 shares for €3,785,048 [5]

Core Insights - 2025 marked the third consecutive year of double-digit increases on Wall Street, with a notable performance from Israeli stocks, although only about a quarter outperformed Wall Street indices [1] Company Performance - **Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT)**: The company saw a stock increase of 162% in 2025, with a market cap rising from $2 billion at its IPO in 2023 to over $6 billion. It is recognized as one of the top companies in solar energy projects in the US [2] - **Pagaya (Nasdaq: PGY)**: The stock price increased by 143% in 2025, with a current market cap of $1.8 billion. The company turned a net profit earlier than expected this year, following a significant financial recovery [3][4] - **Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM)**: The chipmaker's stock rose by 135% in 2025, reaching a market cap of $13.6 billion, largely driven by the AI boom [5] - **JFrog (Nasdaq: FROG)**: The company experienced a 127% stock increase, with a market cap of $7.9 billion. The growth was fueled by strong third-quarter results and positive forecasts [6] - **Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT)**: The defense company saw a 125% increase in stock price, achieving a record market cap of $27 billion, supported by a significant order backlog and large international contracts [7]

Company Acquisition - Inox Clean Energy Ltd has signed an agreement to acquire Macquarie Group's renewable energy platform Vibrant Energy for an enterprise value of $600 million and an equity value of $200 million [1] - The acquisition will be funded through pre-IPO fundraises, internal accruals, and capital from promoters, with commitments for around ₹5,000 crore of funds already secured [2] Renewable Energy Portfolio - The acquisition will enhance Inox Clean's renewable portfolio, adding largely operational assets at a time of increasing consolidation in India's clean energy sector [3] - Vibrant Energy has a total renewable portfolio of 1.33 gigawatts (GW), with approximately 800 megawatts (MW) operational, and serves commercial and industrial customers across multiple states [5] Growth Targets - Inox Clean aims to reach a targeted renewable energy installed capacity of 3 GW by the end of FY26 and 10 GW by FY28, positioning itself as the fastest company to achieve these targets in India [6] Market Context - The renewable energy sector has seen significant M&A activity, with several notable transactions in the past year, indicating a growing trend in the industry [8] - India has experienced the third-largest growth in power generation capacity globally, with a notable increase in investments in renewable energy, particularly solar PV [12]

Core Insights - Companies like Brookfield Renewable, Realty Income, and Medtronic are expected to continue increasing their dividends in 2026, supported by strong financial performance and growth strategies [1][16]. Brookfield Renewable - Brookfield Renewable currently has a dividend yield of 4% and has increased its dividend by at least 5% annually for the past 14 years, with expectations of 5% to 9% growth in the coming years [4][7]. - The company benefits from a stable cash flow generated by long-term fixed-rate contracts with inflation-linked rate escalations, which supports its dividend growth [5]. - Brookfield has a robust pipeline of development projects and acquisitions, aiming for over 10% annual growth in funds from operations (FFO) [7]. Realty Income - Realty Income offers a monthly dividend with a current yield of 5.7% and has a strong history of increasing its payout, having raised it 133 times since 1994, including 113 consecutive quarters [8][10]. - The REIT maintains a conservative dividend payout ratio of around 75% of adjusted FFO, generating approximately $850 million in free cash flow annually for reinvestment [10]. - Realty Income has diversified its investment platform, with significant investments in Europe due to higher initial cash yields, and continues to find attractive opportunities to support future dividend increases [11]. Medtronic - Medtronic has a dividend yield of 2.9% and has increased its dividend for 48 consecutive years, demonstrating a strong commitment to returning value to shareholders [12][14]. - The company generated $7 billion in cash from operations and $5.2 billion in free cash flow in the last fiscal year, returning $6.3 billion to shareholders through dividends and stock repurchases [14]. - Despite facing some headwinds that may slow earnings-per-share growth to around 1% this fiscal year, Medtronic anticipates high-single-digit growth in fiscal 2027 as these challenges subside [15].

Core Insights - Scatec ASA has signed shareholder agreements with Norfund and EDF power solutions for an equity partnership in the Obelisk project, which includes a 1.1GW solar and 100MW/200MWh battery storage hybrid project in Egypt [1][2] Company Overview - Scatec is a leading renewable energy solutions provider, with 6.2 GW of capacity in operation and under construction across five continents [5] - The company aims to enhance capital efficiency and increase value creation while retaining control of its power-producing entities [4] Project Details - The Obelisk project is Scatec's largest to date, designed to meet Egypt's growing power demand and support its energy transition [2] - Following the transaction, Norfund will own 25% of the Obelisk holding company, while Scatec retains 75% ownership [3] - EDF power solutions will hold a 20% stake in the operating company, resulting in Scatec and Norfund having a total economic interest of 60% and 20%, respectively [3] Strategic Partnerships - Scatec is in advanced discussions with additional equity partners to further reduce its economic interest in the Obelisk project [4]