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SUUN SolarBank

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  • 2.110
  • -0.035-1.63%
Close Dec 20 16:00 ET
  • 2.110
  • 0.0000.00%
Post 20:01 ET
65.21MMarket Cap-17.02P/E (TTM)
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    $SolarBank (SUUN.US)$
    $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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