Renewable Power Corp.

Revolve Successfully Completes BLM Variance Process for the 250MW Parker Solar and Storage Project

Retrieved on: 
Thursday, August 4, 2022

The Parker Project is a 250MW solar and battery storage project, located on approximately 1,530 acres of land wholly managed by the BLM in La Paz County, 9 miles southeast of Parker, Arizona.

Key Points: 
  • The Parker Project is a 250MW solar and battery storage project, located on approximately 1,530 acres of land wholly managed by the BLM in La Paz County, 9 miles southeast of Parker, Arizona.
  • The entire project site is located in a solar variance area as identified in BLM's Solar PEIS and Record of Decision (ROD) (BLM/DOE 2012, BLM 2012a).
  • Revolve Parker Solar LLC., a 90% owned subsidiary of the Company, submitted a right of way (SF299) application to the BLM in September 2021 which included a Plan of Development and Variance Factor Analysis for the Parker Project.
  • Following completion of this process the Company has been officially notified of the BLM decision to approve the Parker Project for further processing.

ReVolve Renewable Power (TSXV:REVV) signs definitive agreement for the acquisition of Centrica Business Solutions Mexico

Retrieved on: 
Thursday, May 26, 2022

VANCOUVER, BC, May 26, 2022 /PRNewswire/ - ReVolve Renewable Power Corp. (TSXV: REVV)("ReVolve" or the "Company"), has signed a definitive purchase agreement (the "Purchase Agreement") to acquire 100% of the share capital of Centrica Business Solutions Mexico S.A. de C.V. ("CBS Mexico), a Mexican incorporated company and subsidiary of Centrica PLC (LON:CLA) for MX$33,000,000 (the "Acquisition").

Key Points: 
  • VANCOUVER, BC, May 26, 2022 /PRNewswire/ - ReVolve Renewable Power Corp. (TSXV: REVV)("ReVolve" or the "Company"), has signed a definitive purchase agreement (the "Purchase Agreement") to acquire 100% of the share capital of Centrica Business Solutions Mexico S.A. de C.V. ("CBS Mexico), a Mexican incorporated company and subsidiary of Centrica PLC (LON:CLA) for MX$33,000,000 (the "Acquisition").
  • The Acquisition once completed will immediately add a base of operating projects and recurring revenue to the Company's newly established distributed generation division "ReVolve Renewable Business Solutions" as announced on the 26thApril 2022.
  • The financing agreements consist of a secured loan agreement and a royalty agreement between ReVolve and RE Royalties.
  • The Company has also recently establish ReVolve Renewable Business Solutions, a division dedicated to the development and operation of distribution generation and sub 20MW renewable energy projects in the US and Mexico.

ReVolve Renewable Power (TSXV: REVV) announces the successful completion of the BLM variance process for the 1GWac Bouse Solar and Storage project

Retrieved on: 
Tuesday, May 24, 2022

The Bouse Project is a 1GWac solar and battery storage project, located on approximately 6,155 acres of land wholly managed by the BLM in La Paz County 27 miles east of Quartzsite, Arizona.

Key Points: 
  • The Bouse Project is a 1GWac solar and battery storage project, located on approximately 6,155 acres of land wholly managed by the BLM in La Paz County 27 miles east of Quartzsite, Arizona.
  • The entire project site is located in a solar variance area as identified in BLM's Solar PEIS and Record of Decision (ROD) (BLM/DOE 2012, BLM 2012a).
  • ReVolve Renewable Power AZ LLC, a 90% owned subsidiary of the Company submitted a right of way (SF299) application to the BLM in May 2021 including a Plan of Development and Variance Factor Analysis for the Bouse Project.
  • Following completion of this process the Company has been officially notified of the BLM decision to approve the Bouse Project for further processing.