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SUUN SolarBank

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  • 2.230
  • -0.010-0.45%
Close Jan 17 16:00 ET
68.92MMarket Cap-17.84P/E (TTM)

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    $SolarBank (SUUN.US)$
    US$49.5 Million Transaction with Qcells Announced by SolarBank
    Monday, 6th January at 7:00 am
    Transaction is for the sale and subsequent construction of four solar projects in New York State.
    The projects will utilize Qcells modules manufactured in the USA.
    Nearly $2.8 billion is being invested by Qcells to boost U.S. domestic solar manufacturing and innovation to support and accelerate the U.S. clean energy transition.
    This news release constitutes a "designated news re...
    1
    $SolarBank (SUUN.US)$
    $25.8 Million Royal Bank of Canada Project Finance Facility Secured by SolarBank
    Monday, 16th December at 7:00 am
    Funding will be used to develop and construct two battery energy storage projects acquired as part of the Solar Flow-Through Funds Ltd. acquisition.
    This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 23, 2024 to its short form base shelf prospectus dated May 2, 2023
    TORONTO, Dec. 16, 202...
    $SolarBank (SUUN.US)$
    +217% revenue YoY for FY24.. solid stock. Further expansions planned.
    1
    $SolarBank (SUUN.US)$
    $45 Million Valued All Stock Acquisition of Solar Flow-Through Funds Ltd. Closes
    SolarBank (SUUN) has completed the $45 million acquisition of Solar Flow-Through Funds (SFF), adding over 70 operating solar sites in Ontario to its portfolio. This all-stock transaction involved issuing up to 5,859,561 SolarBank shares. SFF's revenue was $9.2 million in 2023 and $9.4 million in 2022. The combined entities now have a 50.76 MW capacity, with 28.8 MW from SFF's sites, 14.97 MW...

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