Westbridge

Westbridge Renewable Completes Full Interconnection Study at its 221MWp Texas Solar Project

Retrieved on: 
Tuesday, May 9, 2023

Significant Advance Underlines Commitment to Innovative, Sustainable Solutions in Key U.S. Market

Key Points: 
  • Significant Advance Underlines Commitment to Innovative, Sustainable Solutions in Key U.S. Market
    TORONTO, May 9, 2023 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to announce the completion of full interconnection studies ("Interconnection Studies" or "FIS") for its wholly-owned Accalia Point Solar Project located in Cameron County, Texas, U.S. (the "Project").
  • Stefano Romanin, CEO and Director of Westbridge Renewable commented, "The timely completion of the Accalia Point Solar project's interconnection and environmental studies represents a significant step forward in de-risking and advancing our first U.S. project toward commercialization.
  • The Project includes long-term solar leases covering approximately 1,120 acres of primarily cultivated farmland with an installed capacity of 221MWp.
  • The Interconnection Studies help determine the methodology and cost involved to interconnect the project to the local transmission owner's electric grid.

Westbridge Renewable Energy Announces Grant of Stock Options

Retrieved on: 
Tuesday, March 21, 2023

TORONTO, March 21, 2023 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") announces that it has granted stock options to purchase an aggregate of 3,255,000 common shares of the Company ("Common Shares") to management, directors, and consultants of the Company, of which 1,905,000 were issued to directors and officers of the Company, pursuant to the terms of the Company's Omnibus Long-term Incentive Plan.

Key Points: 
  • TORONTO, March 21, 2023 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") announces that it has granted stock options to purchase an aggregate of 3,255,000 common shares of the Company ("Common Shares") to management, directors, and consultants of the Company, of which 1,905,000 were issued to directors and officers of the Company, pursuant to the terms of the Company's Omnibus Long-term Incentive Plan.
  • The options are exercisable at a price of $0.75 per Common Share.
  • All Options expire on the date that is five years from the date of grant and vest in one-third tranches on the date of grant, and on the one-year and two-year anniversary of the date of grant.
  • The Company granted 50,000 Options to Momentum IR Corp., an investor relations services provider, which vest in four equal tranches on the dates that are six, twelve, eighteen and twenty-four months after the date of grant.

Westbridge Renewable Announces the Origination of 295MWdc Red Willow Solar PV Plus 100MW/200MWh Battery Energy Storage System in Alberta

Retrieved on: 
Wednesday, February 1, 2023

TORONTO, Feb. 1, 2023 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to announce the addition of the Red Willow Project ("Red Willow"), located in Stettler County No.

Key Points: 
  • TORONTO, Feb. 1, 2023 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to announce the addition of the Red Willow Project ("Red Willow"), located in Stettler County No.
  • The Red Willow Project target capacity is 295 MWp solar photovoltaic and 100MW/200MWh of Battery Energy Storage System ("BESS") with a two-hour battery duration.
  • The Red Willow Project is in Stage 2 of the Alberta Electric System Operator ("AESO") interconnection process.
  • Red Willow complements our robust portfolio in Alberta, where we continue to see significant opportunities for origination and acquisitions."

Westbridge Renewable Expands Sunnynook Solar PV Capacity to 330MWp

Retrieved on: 
Wednesday, January 11, 2023

Sunnynook Project: 330MWp Solar PV + 200MWh BESS under development in Alberta, Canada

Key Points: 
  • Sunnynook Project: 330MWp Solar PV + 200MWh BESS under development in Alberta, Canada
    TORONTO, Jan. 11, 2023 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQB: WEGYF) (FRA: PUQ3) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to announce the expansion of the Sunnynook Project, one of the Company's most advanced projects under development in Alberta, Canada.
  • The project solar PV capacity is being increased from 236MWp to 330MWp with the expansion of the project site area.
  • Westbridge Renewable capacity pipeline now totals 1,379 MWp Solar PV and 553 MW / 1,106 MW BESS.
  • The Georgetown, Sunnynook, Dolcy and Eastervale assets compose Westbridge Renewable's Canadian solar portfolio, located in southern and central Alberta, with a total Solar PV capacity of 1,158 MWp and BESS of 500 MW / 1 GWh.

Soho Square Exits Alpine Fire Engineers Following 4 Years of Strong Growth

Retrieved on: 
Wednesday, December 21, 2022

Soho Square Capital LLP (“Soho Square”), an investment firm focused on serving the financing needs of established and growing UK and European SMEs, announced that it has exited its investment in Alpine Fire Engineers (“Alpine” or “the Company”) to WestBridge, a private equity house that invests in UK small cap buyouts and lower mid-market companies, following a period of strong growth for the Company.

Key Points: 
  • Soho Square Capital LLP (“Soho Square”), an investment firm focused on serving the financing needs of established and growing UK and European SMEs, announced that it has exited its investment in Alpine Fire Engineers (“Alpine” or “the Company”) to WestBridge, a private equity house that invests in UK small cap buyouts and lower mid-market companies, following a period of strong growth for the Company.
  • Led by its high quality and committed management team, Alpine has built a reputation for technical excellence and best in class service.
  • Soho Square became Alpine’s first institutional investor in 2018, backing an acceleration of the company’s expansion plans which saw sales and EBITDA each increase by over fourfold.
  • We wish Steve and his team the very best for a successful future with their new partners WestBridge.”
    “Having joined Alpine as CEO when Soho Square invested, we have delivered phenomenal growth across the business.

Westbridge Provides Update to Shareholders

Retrieved on: 
Thursday, December 22, 2022

TORONTO, Dec. 22, 2022 /PRNewswire/ - Westbridge Renewable Energy Corp. (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge Renewable" or the "Company") is pleased to share an open letter to shareholders from Executive Chairman, Scott Kelly and CEO and Director, Stefano Romanin.

Key Points: 
  • TORONTO, Dec. 22, 2022 /PRNewswire/ - Westbridge Renewable Energy Corp. (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge Renewable" or the "Company") is pleased to share an open letter to shareholders from Executive Chairman, Scott Kelly and CEO and Director, Stefano Romanin.
  • 2022 has been a very busy and successful year of growth for your company, Westbridge Renewable Energy Corp.
  • Changed name to Westbridge Renewable Energy Corp. reflecting the evolution and direction of the Company as well as its vision for the future.
  • As one of the very few listed pure-play Canadian solar development companies, Westbridge Renewable provides its ESG minded investors with valuable access to greenfield solar projects.

Leyline Closes Its First International Loan with Westbridge Renewable Energy Corporation

Retrieved on: 
Monday, December 12, 2022

DURHAM, N.C., Dec. 12, 2022 /PRNewswire/ -- Leyline Renewable Capital, a leading provider of flexible capital solutions for renewable energy developers, today announced it closed its first international loan with developer Westbridge Renewable Energy Corp., a Canadian renewable energy company listed on the TSX Venture Exchange (TSXV: WEB) and the OTCQX Best Market (OTCQX: WEGYF). The loan will support the 278 MW Georgetown Solar project in southern Alberta. Georgetown may borrow up to a maximum of the U.S. dollar equivalent of $4,830,000 Canadian dollars.

Key Points: 
  • DURHAM, N.C., Dec. 12, 2022 /PRNewswire/ -- Leyline Renewable Capital , a leading provider of flexible capital solutions for renewable energy developers, today announced it closed its first international loan with developer Westbridge Renewable Energy Corp. , a Canadian renewable energy company listed on the TSX Venture Exchange (TSXV: WEB) and the OTCQX Best Market (OTCQX: WEGYF).
  • "This partnership with Westbridge Renewable represents an important step for Leyline as we venture into new markets," said Erik Lensch, CEO of Leyline.
  • "Leyline Renewable Capital is a leading provider of debt for renewable energy development, backed by a team with deep experience in renewable investing.
  • About Westbridge Renewable Energy Corp.
    Westbridge Renewable Energy Corp. is a Canadian renewable energy company listed on the TSX Venture Exchange (TSXV: WEB), the OTCQX Best Market (OTCQX: WEGYF) and the Frankfurt Stock Exchange (FRA: PUQ).

Westbridge Renewable Announces Graduation to OTCQX Best Market

Retrieved on: 
Wednesday, November 30, 2022

TORONTO, Nov. 30, 2022 /PRNewswire/ - Westbridge Renewable Energy Corp.("Westbridge", "Westbridge Renewable" or the "Company")(TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ), is pleased to announce that its common shares are now trading on the OTCQX Best Market under the symbol "WEGYF", having graduated from the OTCQBVenture Market.

Key Points: 
  • TORONTO, Nov. 30, 2022 /PRNewswire/ - Westbridge Renewable Energy Corp.("Westbridge", "Westbridge Renewable" or the "Company")(TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ), is pleased to announce that its common shares are now trading on the OTCQX Best Market under the symbol "WEGYF", having graduated from the OTCQBVenture Market.
  • The OTCQXBest Market is the highest market tier of OTC Markets on which 10,000 U.S. and global securities trade.
  • Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors.
  • To qualify for OTCQX, companies must meet higher financial standards, follow best practices of corporate governance and demonstrate compliance with applicable securities laws.

Goldcast closes $28M Series A, continues expanding to empower B2B marketers to turn events into revenue

Retrieved on: 
Thursday, August 25, 2022

That's why hundreds of marketing teams from leading B2B tech companies including Amplitude, Autodesk, Coherent, Drift, HootSuite, Intuit, Lattice, Microsoft GitHub and Zuora use Goldcast to host events and turn them into proven revenue.

Key Points: 
  • That's why hundreds of marketing teams from leading B2B tech companies including Amplitude, Autodesk, Coherent, Drift, HootSuite, Intuit, Lattice, Microsoft GitHub and Zuora use Goldcast to host events and turn them into proven revenue.
  • We've found that B2B marketers see a lot of importance in a strong digital event strategy," said Palash Soni, CEO and co-founder of Goldcast.
  • Field or event marketers who want to start transforming their events into revenue can request a free demo here .
  • Goldcast is used by B2B marketers to create engaging digital and hybrid events that are more like Netflix show experiences and drive revenue by providing rich post-event insights.

Fashinza Raises $100M Series B to Create Sustainable Supply Chain For Global Fashion Industry

Retrieved on: 
Tuesday, May 17, 2022

Fashinza , the AI-driven B2B marketplace and real-time global supply chain platform for fashion brands and retailers, today announced a Series B funding round totaling $100M USD.

Key Points: 
  • Fashinza , the AI-driven B2B marketplace and real-time global supply chain platform for fashion brands and retailers, today announced a Series B funding round totaling $100M USD.
  • Fashinza is using the new funds to invest in supply chain technology and expand the companys presence globally.
  • The issues of the fashion industry supply chain have faced some unique challenges in the past few years that have also made the sector ripe for disruption.
  • Our mission is to create a sustainable, futuristic, and agile fashion supply chain using technology while improving the ethics and sustainability in the supply chain.