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GrandBridge Corporation and PowerBank Corporation Announce Co-Development Agreement for Solar Energy and Battery Storage Projects in Ontario
GrandBridge Corporation ("GrandBridge") and PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company") are pleased to announce an agreement to jointly develop and invest in solar energy and battery storage projects in Ontario (the "Agreement").
About this update from Powerbank Corporation
[{"type":"text","content":"CAMBRIDGE, ON and TORONTO, March 3, 2026 /CNW/ - GrandBridge Corporation ("GrandBridge") and PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company") are pleased to announce an agreement to jointly develop and invest in solar energy and battery storage projects in Ontario (the "Agreement").","length":374,"tagName":"p"},{"type":"image","alt":"PowerBank Logo (CNW Group/PowerBank Corporation)","displaySize":"","headline":null,"caption":"PowerBank Logo (CNW Group/PowerBank Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":62,"url":"https://media.zenfs.com/en/cnwgroup.com/a85a5ecaa715b808c6072c11c03b0aa6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/3FhYQvFcDG0MKXLSv4Sw.A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwOTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/a85a5ecaa715b808c6072c11c03b0aa6","width":400,"height":62}},"href":"https://mma.prnewswire.com/media/2923992/PowerBank_Corporation_GrandBridge_Corporation_and_PowerBank_Corp.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Highlights of the Co-Development Agreement:","length":43,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Types of Projects: Development of solar and battery storage projects, located within the service territory of GrandBridge's electricity distribution company, GrandBridge Energy, for submission under the IESO's Long-Term Procurement and Local Generation Programs.","length":270,"tagName":"p"}]},{"val":[{"type":"text","content":"Commercialization Opportunities: Pursuit of projects through alternative commercialization opportunities, including Virtual Power Purchase Agreements (VPPAs), Net Metering, and other procurement programs and mechanisms.","length":219,"tagName":"p"}]},{"val":[{"type":"text","content":"Roles and Investment Structure: PowerBank will lead project development and construction. GrandBridge will provide development and construction capital and co-own the projects with PowerBank.","length":191,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":680,"olType":false},{"type":"text","content":"Quotes","length":6,"tagName":"p"},{"type":"text","content":"Sarah Hughes, President and CEO, GrandBridge Corporation, commented:","length":68,"tagName":"p"...