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Westbridge Renewable Announces European Expansion with the Origination of Two Solar Projects in Italy with a Combined Capacity of 62MW
Westbridge Renewable Announces European Expansion with the Origination of Two Solar Projects in I...
About this update from Westbridge Renewable Energy Corp
[{"type":"text","content":"\n \n \n \n Westbridge Renewable Announces European Expansion with the Origination of Two Solar Projects in Italy with a Combined Capacity of 62MW\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Company now active in\n \n Canada\n \n , the US, the UK and\n \n Italy\n \n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Feb. 1, 2024\n \n \n /CNW/ -\n \n Westbridge Renewable Energy Corp.\n \n (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) (\"\n \n \n Westbridge\n \n \n \", \"\n \n Westbridge Renewable\n \n \" or the \"\n \n Company\n \n \") is pleased to announce the origination of two new projects in\n \n Europe\n \n , comprised of the Gierre Solare Project, located in\n \n Lazio, Italy\n \n , and the NM Solare Project, located in\n \n Lazio\n \n and\n \n Umbria, Italy\n \n , expanding the Company's continuously growing portfolio into\n \n Europe\n \n .\n \n \n \n \n \n \n \n \n \n The projected capacity of Gierre Solare Project is 32MW Solar PV and 30MW for the NM Solare Project. Both projects have secured land and grid access, completed feasibility studies, and planning applications are in progress.\n \n \n \n Stefano Romanin\n \n , Director and Chief Executive Officer, commented, \"\n \n Italy\n \n is a strong market with a favourable long-term outlook, poised to be one of the leading renewable energy markets in\n \n Europe\n \n .\n \n Westbridge\n \n will leverage the team's experience and proven track record in developing renewable projects in\n \n Italy\n \n . Diversifying our presence across\n \n Europe\n \n strengthens our portfolio and opens new avenues in another renewable forward jurisdiction. This strategic expansion underscores the diligence of our origination team evaluating development opportunities across diverse jurisdictions, bolstering the sustainability and success of our origination-to-monetization model.\"\n \n Stefano Romanin\n \n added, \"The recent sale of Georgetown Solar has strengthened\n \n Westbridge's\n \n capabilities to expand the project pipeline and to fuel the Company's g...