ReVolve Grants Share Units to Directors

ReVolve Renewable Power Corp (TSE:REVV) has released an update.

ReVolve Renewable Power Corp has issued 335,784 Deferred Share Units (DSUs) to its directors, which will vest in one year and can be converted to shares or cash upon a director’s departure. The DSUs are part of a compensation strategy to replace cash payments for director’s fees, set at C$0.30 per share for Q3 2024. ReVolve, known for developing renewable energy projects and aiming for a 5,000MW development target, continues to grow its portfolio in North America with a strong focus on utility-scale and distributed generation assets.

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