03/02/2023
I would like to introduce you to SolarBank Corporation which will commence trading tomorrow on the Canadian Securities Exchange under the stock symbol “SUNN”. SolarBank operates in the renewable energy space with a focus on solar power. Completing its first project more than ten years ago, SolarBank has built a reputation as a trusted developer, engineer, and asset operator, specializing in behind-the-meter solar plants, grid-connected community solar gardens, and utility-scale solar farms. The company brings a comprehensive solution to its customers, inclusive of ESG (environment, social, governance) best practices, EPC (engineering, procurement, and construction) expertise, understanding of incentive packages, and access to low-cost financing.
Following the successful completion of approximately CDN$7,300,000 in financing and listing on the CSE, SolarBank will expand to a “build-and-own” revenue model. Rather than transferring ownership and seeking to serve as an operator of solar power producing assets, the company will retain ownership of such projects, subsequently selling the energy to a utility, government, or end user, thereby transitioning the company into an independent power producer.
I welcome those that are new to SolarBank and encourage you to visit the company website (www.solarbankcorp.com) to get the full breadth the industry and their position within it as they embark into the exciting age of solar power.
