| SolarBank Announces Third Quarter Results |
TORONTO , May 15, 2025 /PRNewswire/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") reports its fiscal third quarter and fiscal 2025 interim financial results. All financial figures are in Canadian dollars and in accordance with International Financial Reporting Standards (IFRS) as presented in the interim consolidated financial statements. |
prnewswire.com |
2025-05-15 20:00:00 |
Czytaj oryginał (ang.) |
| SolarBank to Host Earnings Call Today |
TORONTO , May 15, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: GY2) ("SolarBank" or the "Company") reminds investors that it intends to release its quarterly financial results for the quarter ended March 31, 2025 after close of the Nasdaq market today, May 15, 2025, and will be hosting a webinar to provide a business update and discuss the quarterly results today. You are invited to a webinar When: May 15, 2025 04:30 PM Eastern Time (US and Canada) Topic: SolarBank Corporation – Quarterly Earnings Release & Management Update Register in advance for this webinar: https://events.teams.microsoft.com/event/4be1ab35-b346-4a54-a0e5-42ac977b7865@f90ea049-87a1-4082-95af-7e4e24c02cb4 After registering, you will receive a confirmation email containing information about joining the webinar. |
prnewswire.com |
2025-05-15 12:00:00 |
Czytaj oryginał (ang.) |
| SolarBank Renews Base Shelf Prospectus |
TORONTO , May 8, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announced today that it has filed a final short form base shelf prospectus (the "Shelf Prospectus") with the securities regulatory authorities in each of the provinces of Canada. The Shelf Prospectus replaces the Company's prior final short form base shelf prospectus dated May 2, 2023 which would have expired in June 2025. |
prnewswire.com |
2025-05-08 23:00:00 |
Czytaj oryginał (ang.) |
| US$100 Million Transformative, Project Financing Announced by SolarBank and CIM Group to Fund 97 MW of Renewable Energy Assets in the United States |
Financing to accelerate SolarBank's growth as an owner of solar power projects in the U.S. TORONTO , May 6, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announced today that CIM Group ("CIM"), a real estate and infrastructure owner, operator, lender and developer, and the Company have entered into a Mandate Letter providing for up to US$100 million in project based financing for a portfolio of 97 MW of solar power projects located in the United States (the "Transaction"). The Transaction will be structured as a preferred equity investment into a newly formed entity ("New HoldCo") that will be a joint venture between CIM and Abundant Solar Power Inc. ("ASP"), a wholly-owned subsidiary of SolarBank. |
prnewswire.com |
2025-05-06 11:30:00 |
Czytaj oryginał (ang.) |
| 7.2 MW Glor Rd Solar Project in Development by SolarBank in New York |
850 Homes Expected to be Powered by this Community Solar Project TORONTO , April 29, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 7.2 MW DC ground-mount solar power project known as the Glor Rd project (the "Project") on a site located in upstate New York. With a secured site lease and interconnection study underway, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the Company's commitment to advancing community solar. |
prnewswire.com |
2025-04-29 13:00:00 |
Czytaj oryginał (ang.) |
| 4.584 MW Forest Hill Rd Solar Project in Development by SolarBank in New York |
540 Homes Expected to be Powered by this Community Solar Project TORONTO , April 23, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 4.584 MW DC ground-mount solar power project known as the Forest Hill Rd project (the "Project") on a site located in upstate New York. With a secured site lease and interconnection study underway, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the Company's commitment to advancing community solar. |
prnewswire.com |
2025-04-23 13:00:00 |
Czytaj oryginał (ang.) |
| SolarBank Updates Continuous Disclosure |
TORONTO , April 22, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announced today that it has refiled its Audited Consolidated Annual Financial Statements for the year ended June 30, 2024 as initially filed on September 30, 2024 (the "2024 Financial Statements"), solely to include, immediately following the report of the Company's independent auditor, ZH CPA, LLC, the report of the Company's predecessor independent auditor, MSLL CPA LLP. No other changes have been made to the 2024 Financial Statements. |
prnewswire.com |
2025-04-23 01:00:00 |
Czytaj oryginał (ang.) |
| Data Center Expert Jonathan Martone Retained by SolarBank Corporation to Power Strategic Expansion |
TORONTO , April 9, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that it has retained Martone Advisors LLC and its principal, Jonathan Martone, as an advisor to the Company on its previously disclosed planned expansion into the data center market. Mr. Martone has held various leadership roles in the data center and telecommunications industries for over 25 years. |
prnewswire.com |
2025-04-09 12:30:00 |
Czytaj oryginał (ang.) |
| 7.2 MW Hoadley Hill Rd Solar Project in Development by SolarBank in New York |
850 Homes Expected to be Powered by this Community Solar Project TORONTO , March 27, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 7.2 MW DC ground-mount solar power project known as the Hoadley Hill Rd project (the "Project") on a site located in upstate New York. With a secured site lease and interconnection approval requested, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the Company's commitment to advancing community solar. |
prnewswire.com |
2025-03-27 10:00:00 |
Czytaj oryginał (ang.) |
| SolarBank Corporation Announces Closing of up to US$19 Million Equity Financing |
TORONTO , March 24, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), today announced it has closed its previously announced registered direct offering with a single institutional investor. The investor — a multi-billion dollar global investment fund backed by a bulge bracket investment bank and that has a large portfolio of energy investments — purchased 2,394,367 common shares and warrants to purchase up to 2,394,367 common shares at a combined purchase price of US$3.55 per common share and accompanying warrant for aggregate gross proceeds of approximately US$8.5 million before deducting fees and other estimated offering expenses (the "Offering"). |
prnewswire.com |
2025-03-24 18:00:00 |
Czytaj oryginał (ang.) |
| SolarBank Corporation Announces up to US$19 Million Equity Financing |
TORONTO , March 21, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), today announced it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 2,394,367 common shares and warrants to purchase up to 2,394,367 common shares at a combined purchase price of US$3.55 per common share and accompanying warrant, pursuant to a registered direct offering for aggregate gross proceeds of approximately US$8.5 million before deducting fees and other estimated offering expenses (the "Offering"). The warrants will be exercisable immediately at an exercise price of US$4.45 per share and will expire five years from the date of issuance. |
prnewswire.com |
2025-03-21 10:00:00 |
Czytaj oryginał (ang.) |
| $1.06 million USD in Government Incentives Awarded to SolarBank for Camillus Solar Project |
TORONTO , March 20, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) )Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that it has received approval from the New York State Energy Research and Development Authority ("NYSERDA") for $1,058,616 USD in incentives for the 3.26 MW Camillus Solar Project (the "Project") under the NY-Sun Program. As disclosed on March 19, 2025 , the Project has been sold to, and will now be constructed for, Solar Advocate Development LLC (the "Owner") in a transaction valued at $7.3 million USD. |
prnewswire.com |
2025-03-20 09:00:00 |
Czytaj oryginał (ang.) |
| $7.3 million USD Transaction Entered into with Solar Advocate Development LLC for the Sale and Construction of the Camillus Solar Project |
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 , March 19, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN , FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that its 3.26 MW Camillus Solar Project (the "Project") has been sold to, and will now be constructed for, Solar Advocate Development LLC (the "Owner") in a transaction valued at $7.3 million USD. Dr. Richard Lu, CEO of the Company commented: "This is the eighth community solar project that will be constructed and operated for Solar Advocate as part of a relationship that originated in 2018. |
prnewswire.com |
2025-03-19 09:00:00 |
Czytaj oryginał (ang.) |
| 4.3 MW Glen Rd Solar Project in Development by SolarBank in New York |
500 Homes Expected to be Powered by this Community Solar Project TORONTO , March 18, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 4.3 MW DC ground-mount solar power project known as the Glen Rd project (the "Project") on a site located in upstate New York. With a secured site lease and interconnection study underway, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the Company's commitment to advancing community solar. |
prnewswire.com |
2025-03-18 10:00:00 |
Czytaj oryginał (ang.) |
| 7.2 MW Jordan Rd, Gainesville Solar Project in Development by SolarBank in New York |
850 Homes Expected to be Powered by this Community Solar Project TORONTO , March 13, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 7.2 MW DC ground-mount solar power project known as the Jordan Rd, Gainesville project (the "Project") on a site located in upstate New York. With a secured site lease and interconnection study underway, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the Company's commitment to advancing community solar. |
prnewswire.com |
2025-03-13 10:00:00 |
Czytaj oryginał (ang.) |
| SolarBank Provides Update on 5.4 MW Boyle Rd Project in New York |
630 Homes Expected to be Powered by this Community Solar Project TORONTO , March 11, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce an update on the development of a 5.4 MW DC ground-mount solar power project known as the Boyle Rd project (the "Project") on a site located in upstate New York. The Project has achieved a development milestone in receiving positive interconnection results via a completed Coordinated Electric System Interconnection Review (CESIR). |
prnewswire.com |
2025-03-11 10:00:00 |
Czytaj oryginał (ang.) |
| SolarBank Provides Update on 2.9 MW Project in Gainesville, New York |
340 Homes Expected to be Powered by this Community Solar Project TORONTO , March 6, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce an update on the development of a 2.9 MW DC ground-mount solar power project known as the Silver Springs project (the "Project") on a site located in Gainesville, New York. The Project has achieved a development milestone in receiving positive interconnection results via a completed Coordinated Electric System Interconnection Review (CESIR). |
prnewswire.com |
2025-03-06 10:00:00 |
Czytaj oryginał (ang.) |
| SolarBank Provides Update on 7.2 MW North Main Project in Wyoming County, New York |
850 Homes Expected to be Powered by this Community Solar Project TORONTO , March 4, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce an update on the development of a 7.2 MW DC ground-mount solar power project known as the North Main project (the "Project") on a site located in Wyoming County, New York. The Project has completed its Coordinated Electric System Interconnection Review (CESIR), and now can proceed to the next important milestone, permitting the Project site. |
prnewswire.com |
2025-03-04 10:00:00 |
Czytaj oryginał (ang.) |
| SolarBank Partners with Viridi on Combined 3.06 MW Solar and 1.2 MWH Battery Energy Storage Project Located in Buffalo, New York |
Project will utilize Viridi's innovative lithium-ion battery packs with integrated fire suppression systems that meet stringent safety requirements TORONTO , Feb. 20, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that it is partnering with Viridi , the industry leader in fail-safe battery energy storage systems (BESS), on the development of a combined 3.06 MW DC ground-mount solar power project and related 1.2 MWH battery energy storage system ("BESS") in Buffalo, New York (the "Project"). The Project is being constructed on a closed landfill site, transforming previously unusable land into a productive asset that generates clean energy for the community. |
prnewswire.com |
2025-02-20 09:00:00 |
Czytaj oryginał (ang.) |
| SolarBank Announces Second Quarter Results |
Gross margins improved to 29.2% led by a growing independent power producer ("IPP") revenue base. 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. |
prnewswire.com |
2025-02-18 09:00:00 |
Czytaj oryginał (ang.) |