Westbridge Renewable Provides Update on Project Portfolio and Previously Announced Alberta Transactions
TORONTO, Sept. 7, 2023 /PRNewswire/ – Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) (“Westbridge“, “Westbridge Renewable” or the “Company“) is pleased to provide an update on the transactions previously announced June 1, 2023 and June 5, 2023. On June 1, 2023, the Company announced entering into five definitive agreements (each a “Share Purchase Agreement“) for the purchase by Metka-EGN Ltd. (“Metka“) (a subsidiary of MYTILINEOS Energy & Metals (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) (“MYTILINEOS“)) of all the issued and outstanding shares of each of the following subsidiaries of Westbridge: Georgetown Solar Inc. (“Georgetown“), Red Willow Solar Inc. (“Red Willow“), Eastervale Solar Inc. (“Eastervale“), Dolcy Solar Inc. (“Dolcy“), and Sunnynook Solar Energy Inc. (“Sunnynook“) (collectively, the “SPVs“) (the “Transactions“).
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