Business
Westbridge Provides Corporate Update
Westbridge Provides Corporate Update Canada NewsWire VANCOUVER, BC ...
About this update from Westbridge Renewable Energy Corp
[{"type":"text","content":"\n \n \n \n Westbridge Provides Corporate Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n March 4, 2022\n \n /CNW/ -\n \n Westbridge Energy Corporation\n \n (TSXV: WEB) (FRA: PUQ3) (OTCQB: WEGYF) (\"\n \n \n Westbridge\n \n \n \" or the \"\n \n Company\n \n \") provides its shareholders with a corporate update.\n \n \n \n \n \n \n \n \n \n \n Corporate Update\n \n \n Management is pleased with the implementation of the Company's growth strategy to date, leading\n \n Westbridge\n \n to be one of the fastest-growing solar PV developers in\n \n Canada\n \n . The Company is executing the development of its greenfield projects, advancing strategic acquisitions, and adding battery storage projects to its portfolio.\n \n Westbridge\n \n remains well capitalised and is fully funded to first project exit. Highlights since recommencing trading on the TSX Venture Exchange on\n \n June 17, 2021\n \n (the \"RTO\") include:\n \n \n \n \n \n Expanding the Company's solar PV capacity more than 2.5x to 700MW\n \n \n \n \n \n \n Georgetown Solar, 278MWp\n \n : The Company's flagship project received its referral letter from Alberta Environment and Parks in\n \n February 2022\n \n with a \"low risk\" rating, and is now preparing its application to the Alberta Utilities Commission (\"AUC\") for approval to construct the solar PV plant and battery storage facility. The project is nearing the end of Stage 2 of the Alberta Electric System Operator (\"AESO\") Connection Process and expects next level design and engineering activities to begin in Q2.\n \n \n \n \n Accalia Point Solar\n \n , 221MWp\n \n : The Accalia Point acquisition marked WEB's first entry into the US market. The project is advancing interconnection studies with Sharyland Utilities, the local transmission service provider, and is progressing environmental field studies and engineering and design activities in the coming months.\n \n \n \n Sunnynook Solar, 236MWp\n \n : Sunnynook is in the detailed interconnection studies part of Stage 2 of the AESO C...