Boralex adds 180 MW to its project portfolio and posts net earnings of $38 million in Q1 2021 News provided by Share this article 1st quarter of 2021 highlights Discretionary cash flow over the last 12 months at $142 million, in line with the 2023 target of $140 to $150 million EBITDA(A) of $151 million ($162 million) in Q1-2021 compared to $149 million ($169 million) in Q1-2020 Net earnings of $38 million ($43 million) in Q1-2021 vs $44 million ($37 million) in Q1-2020 Total combined production in line with corresponding quarter in 2020 Total production: in line with Q1-2020 and 1% below anticipated production 1 Recent acquisitions and projects commissioning met expectations Contribution of $29 million ($20 million) to EBITDA(A) from acquisitions of CDPQ's equity interests in three wind farms in Quebec, seven solar farms in the United States, as well as projects commissioning