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ReVolve Renewable Power Corp ( (TSE:REVV) ) has provided an update.
Revolve Renewable Power Corp. has refinanced a CA$3,968,800 acquisition loan for the assets of Wind River Power Corporation through a new loan with Vancity Capital Corporation. This refinancing, at a lower interest rate, enhances the company’s cash flow and supports its growth strategy by replacing higher-cost debt with more affordable capital, allowing Revolve to accelerate its expansion and improve long-term equity returns.
More about ReVolve Renewable Power Corp
Revolve Renewable Power Corp. is a North American owner, operator, and developer of renewable energy projects. The company focuses on acquiring and managing assets in the renewable energy sector, contributing to sustainable energy production across Canada and beyond.
YTD Price Performance: -12.00%
Average Trading Volume: 23,892
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$13.4M
Find detailed analytics on REVV stock on TipRanks’ Stock Analysis page.