SNPW Wholly Owned Subsidiary Elba Power Corp Executes $2.95 Million Property Purchase Contract in Elba, AL for Solar Manufacturing Plant

April 5, 2023

MANALAPAN, N.J., April 05, 2023 (GLOBE NEWSWIRE) — Sun Pacific Holding Corp. (Other OTC: SNPW) announces that its wholly owned subsidiary, Elba Power Corp (“EPC”) has executed its contract to purchase the property in Elba AL for its Solar Manufacturing Property for the sum of $2,950,000. Sun Pacific has also obtained an inducement resolution from the state as well as 100% tax abatement on property sales and use tax.

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