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PowerBank sells Elmira, Jordan Road projects to Solar Advocate for $41M

PowerBank (SUUN) announced the sale of its Elmira, Jordan Road 1, and Jordan Road 2 solar power projects to Solar Advocate Development. The transaction, valued at approximately $41M, includes PowerBank’s continued engagement to construct the Projects through to commercial operation. The three community solar projects represent a combined generation capacity of 16.87 MW.

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