$8 Million USD Loan Secured by PowerBank to Accelerate Independent Power Producer Portfolio [Yahoo! Finance]
PowerBank Corporation (SUUN)
Company Research
Source: Yahoo! Finance
This loan is expected to support interconnection deposits for an initial portfolio of 34 MW of solar power, battery energy storage and hybrid projects, with potential to support future projects. This loan allows PowerBank to further accelerate the growth of its Independent Power Producer portfolio by providing low-cost capital. This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025. TORONTO Dec. 31, 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 that it and its subsidiaries have entered into a loan agreement with NY Green Bank (" NYGB ") for a revolving credit facility with initial principal amount of up to $8 million USD (the " Loan ") that will be used to fund interconnection deposits
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SUUN
News
- PowerBank Announces New 5 MW Distributed Solar and Battery Energy Storage System Project in New YorkPR Newswire
- PowerBank (NASDAQ:SUUN) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Intellistake Highlights Public Orbit AI Tracker as Proof Point for On-Orbit AI Infrastructure Uptime [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Artificial Intelligence Production in Space: PowerBank Shares Additional Update on Collaboration with Smartlink AI [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Artificial Intelligence Production in Space: PowerBank Shares Additional Update on Collaboration with Smartlink AI [Yahoo! Finance]Yahoo! Finance
SUUN
Earnings
- 11/17/25 - Beat
SUUN
Sec Filings
- 1/15/26 - Form 6-K
- 1/8/26 - Form 6-K
- 1/6/26 - Form 6-K
- SUUN's page on the SEC website