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ReVolve Renewable Power Corp ( (TSE:REVV) ) has provided an announcement.
Revolve Renewable Power Corp has expanded its financial partnership with Export Development Canada by increasing its Account Performance Security Guarantee facility from US$2.9 million to US$4.5 million. This expansion supports the financial backing for the 20MW/80MWh Vernal Battery Energy Storage System in the US, enhancing Revolve’s cash flow and working capital for further growth and development in the renewable energy sector.
More about ReVolve Renewable Power Corp
Revolve Renewable Power Corp, founded in 2012, is a North American company that develops utility-scale renewable energy projects including wind, solar, hydro, and battery storage in the US, Canada, and Mexico. The company also operates a division called Revolve Renewable Business Solutions, which focuses on installations.
YTD Price Performance: -4.00%
Average Trading Volume: 23,945
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$13.98M
Learn more about REVV stock on TipRanks’ Stock Analysis page.
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