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