Westbridge Renewable Reaches Definitive Agreements with MYTILINEOS to Monetize 1.4 GW Alberta Solar PV Portfolio
TORONTO, June 1, 2023 /PRNewswire/ – Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) (“Westbridge“, “Westbridge Renewable” or the “Company“) is pleased to announce that it has entered into definitive agreements entered into on June 1st 2023 in connection with the purchase by Metka-EGN Ltd. (“Metka“) (a subsidiary of MYTILINEOS Energy & Metals (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) (“MYTILINEOS“)) of a portfolio of 5 solar projects located in Alberta, Canada (the “Projects“), from Westbridge, with anticipated aggregate capacity of 1,410 MWdc (1.4 GW) upon commercial operation (the “Transaction“).
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