FinancingThe company signed a Mandate Letter with CIM Group, providing up to $100M in project-based financing for a portfolio of 97MW of solar power projects located in the U.S.
Gross MarginsF2Q25 gross margins improved to 32.0% of revenue from 13.6% of revenue in the same period last year.
Long-term GrowthSolarBank’s targeted portfolio of community solar projects of over $1B continues to underpin solid long-term growth.