공시 • Apr 11
Westbridge Renewable Energy Corp. Announces Board Appointments Westbridge Renewable Energy Corp. welcomed new independent directors Riccardo del Tufo and Flora Nachawati to the Board. The election of Riccardo del Tufo and Flora Nachawati was approved at the AGM Meeting held on April 7, 2026. 공시 • Feb 19
Westbridge Renewable Energy Corp., Annual General Meeting, Apr 08, 2026 Westbridge Renewable Energy Corp., Annual General Meeting, Apr 08, 2026. Location: hybrid meeting, Canada 공시 • Jan 29
Red Willow Solar Inc. Receives Approval from the Alberta Utilities Commission for Red Willow Solar And Battery Energy Storage Project Westbridge Renewable Energy Corporation announced that its wholly-owned subsidiary, Red Willow Solar Inc. ("Red Willow"), has obtained Power Plant and Battery Energy Storage System ("BESS") Approval (Decision 29258-D01-2026) and a Substation Permit and License for the Birch 1075S Substation (the "Substation") from the Alberta Utilities Commission (the "AUC") for its project, Red Willow Solar and Battery Storage Project (the "Red Willow Project" or the "Project"). The Red Willow Project is the fourth of five Alberta projects of Westbridge to receive power plant and BESS approval from the AUC. The approvals allow Red Willow to construct and operate the Project, located in Stettler Country, Alberta. The Project consists of a solar power plant with an approved capacity of up to 225 MWac, and BESS with capacity of up to 200 MWh and the Substation. Approval is granted subject to provisions by the Hydro and Electric Energy Act and the Alberta Utilities CommissionAct. It is anticipated that applications to the AUC relating to interconnection approvals will be filed within the calendar year. Westbridge delivers attractive, long-term returns by originating and developing an international portfolio of renewable energy assets to support increasing demand for energy and grid reliability. Management brings a strong track-record with a cumulative 40+ development projects worldwide. As one of very few listed, pure-play international solar and BESS development companies, Westbridge provides investors with access to greenfield solar and energy storage projects at the earliest stage of development, allowing them to benefit from the full development value chain. Westbridge aims to deliver renewable energy and energy storage solutions to support increasing electricity demand and grid reliability in the jurisdictions in which it operates. 공시 • Sep 23
Westbridge Renewable Energy Corp. Announces Cash Dividend, Payable on or around 17 October 2025 Westbridge Renewable Energy Corp. announced that its Board of Directors has approved a cash dividend in the amount of CAD 0.20 per share, to be distributed to shareholders of record as of 3 October 2025 (the "Record Date"), with payment on or around 17 October 2025 (the "Distribution Date"), subject to TSX Venture Exchange approval. 공시 • Jun 12
Westbridge Renewable Energy Corp. to Present At 2025 Canadian Climate Investor Conference Westbridge Renewable Energy Corp. announced that it will be presenting at the 2025 Canadian Climate Investor Conference (CCIC), taking place on Wednesday June 11, 2025 at the Arcadian Court in Toronto, Ontario. Director and Board Chair Scott M. Kelly will provide a presentation and participate in the panel discussion "Next-Gen Renewables: Advancing Sustainable Power and Bioenergy Solutions". 공시 • Jan 20
Westbridge Renewable Energy Corp., Annual General Meeting, Feb 20, 2025 Westbridge Renewable Energy Corp., Annual General Meeting, Feb 20, 2025. Location: ontario, toronto Canada 공시 • Jan 15
Westbridge Renewable Energy Corp. Announces Five New Stand-Alone Battery Energy Storage Projects in Alberta Westbridge Renewable Energy Corp. announced five additional stand-alone BESS (Battery Energy Storage System) projects located in Alberta, Canada (the "BESS Projects"). Each of the BESS Projects has site control, environmental permitting feasibility studies completed, and interconnection applications confirmed in the AESO's cluster two interconnection process. In aggregate, these projects add 539 MWh of battery storage capacity to international development portfolio. The Company's development portfolio has grown more than 30 times since public listing and is now approximately 9.5 GW across 22 projects, with diversified activity in four countries: Canada, the United States, the U.K. and Europe. The Company is determined to further strengthen its market position and commitment to leading energy development in Canada. The Company granted Stock Options to purchase 930,000 Common Shares of the Company to management and directors of the Company on January 14, 2025. The Options are exercisable at a price of $0.85 per Common Share and vest one year from the date of grant. The Company also granted Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs") representing the right to receive up to an aggregate 3,720,000 Common Shares to management and directors of the company, subject to the satisfaction of certain vesting conditions. All Options and RSUs were granted pursuant to the Company's Omnibus Long-term Incentive Plan, approved by shareholders on December 14, 2023, and are subject to the terms of the applicable agreements and regulatory approval of the TSX Venture Exchange. Market Update: In 2025, company maintain a positive outlook across a number of key dynamics: Improving macro tailwinds including; US regulatory easing and positive growth, slowing US and European inflation and further interest rate cuts; Renewables are positioned for significant growth in 2025, driven by increased demand, government support, and corporate commitments; The energy storage market is emerging as a vital component for integrating renewable energy and the need for grid stability. Driving significant growth for battery electric storage systems in 20252, Project economics are improving as a result of lower costs, and supportive PPAs within the broader renewable energy industry; Hyperscalers are likely to continue to dominate PPA market capacity as AI demand continues to increase; Continuing portfolio growth, which now stands at 22 projects in 4 countries; Growing positive, long-term relationships with stakeholders, landowners, counties, and identifying opportunities for investment in the communities in which projects are located; A strong balance sheet providing additional capital to drive growth. 공시 • Nov 06
A subsidiary of Metlen Energy & Metals S.A. (ATSE:MYTIL) acquired 75% stake of Sunnynook Solar Energy Inc. from Westbridge Renewable Energy Corp. (TSXV:WEB) for approximately CAD 41 million. A subsidiary of Metlen Energy & Metals S.A. (ATSE:MYTIL) acquired 75% stake of Sunnynook Solar Energy Inc. from Westbridge Renewable Energy Corp. (TSXV:WEB) for approximately CAD 41 million on November 5, 2024. The Transaction was completed by way of the sale of all the issued and outstanding shares of Sunnynook Solar Energy Inc. The Transaction was completed by way of the sale of all the issued and outstanding shares of Sunnynook Solar Energy Inc. METLEN paid approximately 3% of the estimated base purchase price at signing and 92% of the estimated purchase price was paid at closing. The balance of the purchase price is expected to be paid when the Project reaches commercial operations. In connection with closing of the Transaction, Westbridge repaid in full C$18,405,650 from the proceeds of the Transaction, owing under its loan facilities secured by the Project and the shares of Sunnynook, provided by certain lending entities established by Leyline Renewable Capital, LLC, and the security registered in respect thereof has been discharged.
A subsidiary of Metlen Energy & Metals S.A. (ATSE:MYTIL) completed the acquisition of 75% stake of Sunnynook Solar Energy Inc. from Westbridge Renewable Energy Corp. (TSXV:WEB) for approximately CAD 41 million on November 5, 2024. New Risk • Aug 05
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 161% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (161% accrual ratio). Revenue is less than US$1m. Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Significant insider selling over the past 3 months (€75k sold). Market cap is less than US$100m (€58.4m market cap, or US$63.7m). Recent Insider Transactions • Jun 20
Executive Chairman recently sold €75k worth of stock On the 14th of June, Scott Kelly sold around 120k shares on-market at roughly €0.63 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by €65k. New Risk • Jun 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (165% accrual ratio). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Market cap is less than US$100m (€64.4m market cap, or US$69.5m). Recent Insider Transactions • Nov 30
Executive Chairman recently sold €139k worth of stock On the 27th of November, Scott Kelly sold around 203k shares on-market at roughly €0.68 per share. This transaction amounted to 6.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Scott has been a net buyer over the last 12 months, purchasing a net total of €35k worth of shares. 공시 • Oct 21
Westbridge Renewable Energy Corp., Annual General Meeting, Dec 14, 2023 Westbridge Renewable Energy Corp., Annual General Meeting, Dec 14, 2023. Recent Insider Transactions • Aug 10
Executive Chairman recently bought €56k worth of stock On the 4th of August, Scott Kelly bought around 75k shares on-market at roughly €0.75 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Scott has been a net seller over the last 12 months, reducing personal holdings by €58k. Board Change • Jul 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Marcus Yang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jun 03
MYTILINEOS Energy S.A. agreed to acquire Georgetown from Westbridge Renewable Energy Corp. MYTILINEOS Energy S.A. agreed to acquire Georgetown from Westbridge Renewable Energy Corp. (TSXV:WEB) on June 1, 2023. In a related transaction, MYTILINEOS Energy S.A. agreed to acquire Sunnynook Solar Energy Inc., Dolcy Solar Inc., Eastervale Solar Inc., and Red Willow Solar Inc. from Westbridge Renewable Energy Corp. on June 1, 2023. Closing of the purchase and sale of each SPV is conditional upon, among other things: obtaining approval of the purchase and sale by Westbridge shareholders, and the TSX Venture Exchange and obtain regulatory approvals from the Alberta Utilities Commission. 
