$41 Million USD Transaction Accelerates PowerBank Growth Strategy [Yahoo! Finance]
PowerBank Corporation (SUUN)
Company Research
Source: Yahoo! Finance
Three Community Solar Projects Totaling 16.87 MW; Strategic Sale Fuels Independent Power Producer Expansion This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 2025 to its short form base shelf prospectus dated May TORONTO Dec. 22, 2025 /CNW/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company "), a leader in North American energy infrastructure development and asset ownership, today announced the sale of its Elmira, Jordan Road 1, and Jordan Road 2 solar power projects (the " Projects ") to Solar Advocate Development LLC (the "Owner"). The transaction, valued at approximately $41 million USD, 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. Dr. Richard Lu, CEO of PowerBank, commented: "This transaction represents a pivotal m
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SUUN
News
- $41 Million USD Transaction Accelerates PowerBank Growth StrategyPR Newswire
- PowerBank (NASDAQ:SUUN) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=SUUN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> MarketBeat
- PowerBank's First Solar Project Under Development for Fiera Real Estate Reaches Commercial OperationPR Newswire
- PowerBank Advances 3.15 MW Project in New York, With Capacity to Power 393 HomesPR Newswire
- PowerBank Announces Results of Annual General Meeting [Yahoo! Finance]Yahoo! Finance
SUUN
Earnings
- 11/17/25 - Beat
SUUN
Sec Filings
- 12/22/25 - Form 6-K
- 12/18/25 - Form 6-K
- 12/16/25 - Form 6-K
- SUUN's page on the SEC website