Synex Sells BC Wind Project for $4.7M Plus Royalties

Synex Internt’l (TSE:SXI) has released an update.

Synex Renewable Energy Corporation has announced the sale of its Bouleau Mountain Wind Project in British Columbia to a leading renewable energy company for approximately $4.7 million plus royalties. The deal is expected to close in the third quarter of 2024, with initial payment upon closing and the rest tied to project milestones. The sale aligns with Synex’s strategy to enhance shareholder value and capitalize on its extensive wind license portfolio.

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