Revolve签署协议收购加拿大30 MWp太阳能项目

2025-09-22 20:06

Revolve Renewable Power (OTCQB:REVVF) on Monday announced the proposed acquisition of the development rights to a 30 megawatt solar project in Alberta, Canada.
The company has entered into a binding Letter of Intent to acquire the assets related to the project and will enter into an asset transfer agreement.
Under the terms of the LOI, which was entered into on September 19, the company will pay an upfront consideration of C$75,000 upon signing of the definitive ATA, which includes the reimbursement of certain development costs incurred in the development of the project to date.
The company has also agreed to pay further consideration and reimbursement of historical development costs of up to C$1,479,750, subject to the final installed capacity of the project and linked to the completion of various milestones including the commencement of construction and the commercial operation date of the project.
It is expected that these milestones will be met during the period 2026 to 2028.
The transaction will be financed through existing cash resources held by the company.
The project acquisition, once completed, will add to the company's growing portfolio of operating and development projects in Alberta, it added.
Source: Press Release

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