Boralex appoints Ted Di Giorgio to its board of directors

The former EY senior partner joins Boralex’s board, bringing over three decades of audit and governance experience to the Canadian energy group.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Boralex Inc. has announced the appointment of Ted Di Giorgio to its board of directors. This decision strengthens the board’s composition with recognised financial expertise and extensive governance experience with publicly listed companies.

Mr. Di Giorgio spent nearly 35 years at Ernst & Young (EY), advising public and private companies across multiple sectors including manufacturing, financial services, technology, media, and rail transportation. He also served as a member of the board and audit committee of Héroux-Devtek Inc. from March 2023 to February 2025.

A seasoned financial profile to support growth

Ted Di Giorgio is known for his ability to navigate complex and regulated business environments. His career includes mandates with major Québec-based corporations, providing a strategic asset for Boralex. He is also a Fellow of the Ordre des comptables professionnels agréés du Québec, reflecting his professional standing in the financial community.

Board Chair André Courville stated that Mr. Di Giorgio’s appointment is expected to enhance board effectiveness, particularly in financial oversight and compliance. His arrival comes as Boralex continues to expand its operations across multiple international markets.

Governance support aligned with industrial ambitions

Boralex currently operates an installed capacity of 3.2 gigawatts and is developing a pipeline of projects totalling 8.2 gigawatts in wind, solar, and energy storage. These developments require reinforced governance to address the financial and operational challenges related to project execution.

The company, listed on the Toronto Stock Exchange, has increased its installed capacity by more than 50% over the past five years. Strengthening the board with high-level financial capabilities aligns with this ongoing expansion strategy.

BHP sells a minority stake in its Western Australia Iron Ore power network to Global Infrastructure Partners for $2 billion, retaining strategic control while securing long-term funding for its mining expansion.
More than $80bn in overseas cleantech investments in one year reveal China’s strategy to export solar and battery overcapacity while bypassing Western trade barriers by establishing industrial operations across the Global South.
Exxaro increases its energy portfolio in South Africa with new wind and solar assets to secure power supply for operations and expand its role in independent generation.
Plenitude acquires full ownership of ACEA Energia for up to €587mn, adding 1.4 million customers to its portfolio and reaching its European commercial target ahead of schedule.
ABB invests in UK-based start-up OctaiPipe to strengthen its smart energy-saving solutions for data centre infrastructure.
Enbridge has announced a 3% increase in its annual dividend for 2026 and expects steady revenue growth, with up to CAD20.8bn ($15.2bn) in EBITDA and CAD10bn ($7.3bn) in capital investment.
Axess Group has signed a memorandum of understanding with ARO Drilling to deliver asset integrity management services across its fleet, integrating digital technologies to optimise operations.
South African state utility Eskom expects a second consecutive year of profit, supported by tariff increases, lower debt levels and improved operations.
Equans Process Solutions brings together its expertise to support highly technical industrial sectors with an integrated offer covering the entire project lifecycle in France and abroad.
Zenith Energy centres its strategy on a $572.65mn ICSID claim against Tunisia, an Italian solar portfolio and uranium permits, amid financial strain and reliance on capital markets.
Ivanhoe Mines expects a 67% increase in electricity consumption at its copper mine in DRC, supported by new hydroelectric, solar and imported supply sources.
Q ENERGY France and the Association of Rural Mayors of France have entered a strategic partnership to develop local electrification and support France's energy sovereignty through rural territories.
ACWA Power, Badeel and SAPCO have secured $8.2bn in financing to develop seven solar and wind power plants with a combined capacity of 15 GW in Saudi Arabia, under the national programme overseen by the Ministry of Energy.
Hydro-Québec reports a 29% increase in net income over nine months in 2025, supported by a profitable export strategy and financial gains from an asset sale.
Antin Infrastructure Partners is preparing to sell Idex in early 2026, with four North American funds competing for a strategic asset in the European district heating market.
EDF could sell up to 100% of its US renewables unit, valued at nearly €4bn ($4.35bn), to focus on French nuclear projects amid rising debt and growing political uncertainty in the United States.
Norsk Hydro plans to shut down five extrusion plants in Europe in 2026, impacting 730 employees, as part of a restructuring aimed at improving profitability in a pressured market.
The City of Paris has awarded Dalkia the concession for its urban heating network, a €15bn contract, ousting long-time operator Engie after a five-year process.
NU E Power Corp. completed the purchase of 500 MW in energy assets from ACT Mid Market Ltd. and appointed Broderick Gunning as Chief Executive Officer, marking a new strategic phase for the company.
Commodities trader BB Energy has cut over a dozen jobs in Houston and will shift some administrative roles to Europe as part of a strategic reorganisation.

All the latest energy news, all the time

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.