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€3.62

€3.62

-3.210%
-0.12
-3.210%
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12:23 / Tradegate WKN: A3D1AL / Name: Solarbank Corp. / Stock / ? /
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News

Post Nasdaq Listing SolarBank Provides Update on Recent Progress : https://www.irw-press.at/prcom/images/messages/2024/74382/SolarBank_290424_PRCOM.001.jpeg
Post Nasdaq Listing SolarBank Provides Update on Recent Progress

-          Nasdaq Global Market and Cboe Canada Exchange senior stock exchange listings

-          $41 million USD transaction with Honeywell sees Community Solar Sites reach mechanical

SolarBank to Acquire Solar Flow-Through Funds Ltd. In All Stock Transaction valued at $45 Million: https://www.irw-press.at/prcom/images/messages/2024/73999/SolarBank_200324_ENPRcom.001.png
SolarBank to Acquire Solar Flow-Through Funds Ltd. In All Stock Transaction valued at $45 Million

-          Upfront consideration of $25.53 million and contingent consideration of $16.31 million – SolarBank’s existing share ownership of SFF excluded

-          Solar Flow-Through (“SFF”)

SolarBank Announces $50.4 million of Revenue for Third Quarter
SolarBank Announces $50.4 million of Revenue for Third Quarter

-          $50.4 million in Revenue for the nine month period

-          $5.5 million of Net Income for the nine month period or $0.20 per share (undiluted)

-          Update revenue guidance

3.2 MW Ground Mount Site in Black Creek, New York Secured by SolarBank
3.2 MW Ground Mount Site in Black Creek, New York Secured by SolarBank

-          Expected to operate as a community solar site, selling credits to subscribers.

-          Over 370 homes expected to be provided with green energy once operational.

-         

30 MW Ground Mount Sites in Orleans County, New York Secured Under Lease by SolarBank
30 MW Ground Mount Sites in Orleans County, New York Secured Under Lease by SolarBank

-          Expected to operate as a community solar site, selling credits to subscribers.

-          Over 3500 homes expected to be provided with green energy once operational.

-         

Fiera Real Estate Retains SolarBank for Construction of Rooftop Solar Project in Alberta
Fiera Real Estate Retains SolarBank for Construction of Rooftop Solar Project in Alberta

-          USD$7.0 billion of commercial real estate managed by Fiera Real Estate

-          The project represents SolarBank’s first construction project for Fiera, with more expected in

SolarBank Completes Mechanical Construction of 21MW Honeywell Community Solar Sites
SolarBank Completes Mechanical Construction of 21MW Honeywell Community Solar Sites

-          Projects are being developed as part of a US$41 million transaction

-          Over 2400 homes expected to be provided green energy once operational

-          Once projects are

SolarBank Closes Acquisition of 3.15 MW Solar Project in Camillus, New York from Storke Renewables
SolarBank Closes Acquisition of 3.15 MW Solar Project in Camillus, New York from Storke Renewables

-        Continued expansion of Independent Power Producer (IPP) portfolio following recently announced transaction with Solar Flow-Through Funds Ltd. with its 43.77 MW portfolio of IPP

SolarBank Announces Listing on Nasdaq Global Market®
SolarBank Announces Listing on Nasdaq Global Market®

-          Trading anticipated to commence at market open on Monday April 8, 2024 under the ticker “SUUN”

-          Nasdaq Global Market® is the second highest listing tier

 

Toronto,

SolarBank to Acquire 3.15 MW Solar Project in Camillus, New York from Storke Renewables
SolarBank to Acquire 3.15 MW Solar Project in Camillus, New York from Storke Renewables

-          Continued expansion of Independent Power Producer (IPP) portfolio following recently announced transaction with Solar Flow-Through Funds Ltd. with its 43.77 MW portfolio of IPP