MONTREAL — Bruno Guilmette, a veteran infrastructure financial manager whose most recent position was as the interim chief investment officer at the Canada Infrastructure Bank, has been announced as the new CFO of renewable power developer Boralex Inc.
Guilmette, who will be a vice-president, succeeds Jean-Francois Thibodeau, who announced that he plans to retire after 15 years in the position, said a recent release.
The transition will take place at the end of March 2019.
The statement said Guilmette has extensive experience in financial management and the acquisition and financing of infrastructure projects around the world.
Previous roles have included serving as senior vice-president, infrastructure investments at PSP Investments, where he developed an investment fund of nearly $9 billion, and senior director, private equity investments, at the Caisse de depot et placement du Quebec.
Guilmette also served on the executive committee of the Global Infrastructure Investor Association’s board of directors.
“A new chapter has begun with the arrival of Bruno Guilmette, whose management profile in the financial services and infrastructure investment sector in Canada and abroad will undoubtedly contribute to the progress of the corporation in the coming years,” said Patrick Lemaire, president and CEO of Boralex, in the statement.
Boralex, owned by the Caisse de depot et placement du Quebec and based in Kingsey Falls, east of Montreal, develops, builds and operates renewable energy power facilities in Canada, France, the United Kingdom and the United States, said the release, with expertise in wind, hydroelectric, thermal and solar power.
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