SolarBank Acquires Solar Flow-Through in Multi-Million Deal
Company Announcements

SolarBank Acquires Solar Flow-Through in Multi-Million Deal

Solarbank Corp. (TSE:SUNN) has released an update.

SolarBank Corporation has finalized the purchase of Solar Flow-Through Funds Ltd. for $45 million, integrating over 70 solar sites and a pipeline of storage and charging projects. The deal, completed with a mix of immediate and contingent SolarBank stock issuances, adds significant operating revenue and augments the company’s renewable asset portfolio.

For further insights into TSE:SUNN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskSolarBank Corp. to Energize 800+ Homes in New York
TheFlySolarBank to develop 6.41 MW community solar power project in New York state
TipRanks Canadian Auto-Generated NewsdeskSolarBank Corp. Launches Green Energy Initiative in NY
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App