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Stock impact report

Fiera Real Estate Retains SolarBank for Construction of Rooftop Solar Project in Alberta [Yahoo! Finance]

SolarBank Corporation (SUUN) 
Company Research Source: Yahoo! Finance
TORONTO April 15, 2024 /CNW/ - SolarBank Corporation (Cboe CA: SUNN) (Nasdaq: SUUN) (FSE: GY2) ("SolarBank" or the "Company") is ?pleased to announce that it has commenced construction on a 1.4 mW DC rooftop solar project for Fiera Real Estate ("Fiera") in Alberta (the "Project") as a pilot project. This Project is expected to operate as a "Small Scale Generator". The Project received interconnection approval in December 2023 , full permitting in March 2024 is currently undergoing the process of engineering and final design. Construction of the Project is expected to be completed in November 2024 The Company, with the support of Zathura Investments, is providing development and EPC services under an EPC agreement with Fiera and expects to complete additional projects for Fiera in the future. This initial Project is part of Fiera's commitment to its Net Zero Pathway where its funds have established targets of Net Zero Carbon by 2040. Locally the Alberta government report that duri Show less Read more
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