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Westbridge Renewable Energy Provides Corporate Update
Westbridge Renewable Energy Provides Corporate Update Canada NewsWire CALGA...
About this update from Westbridge Renewable Energy Corp
[{"type":"text","content":"\n\n\n\n Westbridge Renewable Energy 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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; FONT-SIZE: 8PT; FONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN:0em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Sept. 30, 2024\n \n\n /CNW/ -\n \n Westbridge Renewable Energy Corporation\n \n (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ)\n \n (\"Westbridge\", \"Westbridge Renewable\" or the \"Company\")\n \n is pleased to provide its shareholders with an update of its development portfolio.\n \n\n\n\n\n\n\n\n\n The Company announced definitive agreements to sell 5 Alberta, utility-scale Solar PV and BESS projects totalling more than 1.4 GW to our strategic partner Metlen Energy & Metals, (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) (\"\n \n Metlen Energy & Metals\n \n \")\n \n previously announced on\n \n\n\n\n June 1, 2023\n \n\n\n\n and\n \n\n\n\n June 5, 2023\n \n\n\n\n .\n \n\n\n The Georgetown Project was sold to Metlen Energy & Metals and closed in\n \n December 2023\n \n bringing in more than\n \n $40M\n \n in non-dilutive cash into the Company.\n \n See press release dated\n \n\n December 14, 2023\n \n\n .\n \n\n\n The Company is pleased to provide an update on the progress on the remaining 4 Alberta projects and our international development portfolio\n \n\n\n\n\n Canada\n \n\n\n\n\n\n\n Sunnynook Solar\n \n (270 MWac / 332 MWdc), located in Special Area No. 2,\n \n Alberta\n \n ; the project has a Power Plant and BESS Approval and a Substation Permit and License from the Alberta Utilities Commission (\"AUC\"), and recently received Permit and License for interconnection to the\n \n Alberta\n \n grid in\n \n August 2024\n \n . The previously announced definitive agreement for Metlen Energy & Metals to purchase all of the issued and outstandin...