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SUUN SolarBank

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  • 5.470
  • +0.010+0.18%
Close Jul 24 16:00 ET
180.79MMarket Cap68.38P/E (TTM)
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    $SolarBank(SUUN.US)$
    $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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