ReVolve Renewable Power Corp (TSE:REVV) has released an update.
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ReVolve Renewable Power Corp has received a US$3.4 million milestone payment as part of its previously announced sale of the 1,000MW Bouse Solar and Storage Project to ENGIE, a global energy leader. The payment marks the completion of the interconnection milestone for the project, which is a significant step towards its operational readiness. This milestone payment contributes to the total consideration agreed upon with ENGIE for the sale of Revolve’s utility-scale development assets.
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