Green Rain Energy Holdings, Inc. ($GREH) Launches Green Rain EV+ Networks; Announces Share Buyback Finalization and 2026 Dividend Plan
Prnewswire·2026-02-10 16:53

Core Viewpoint - Green Rain Energy Holdings, Inc. has launched a new division, Green Rain EV+ Networks, aimed at expanding EV charging infrastructure in key U.S. markets, while also announcing a share buyback and a 2026 dividend plan [1] Strategic Infrastructure Rollout - The new division will focus on states including New York, New Jersey, California, Arizona, and New Mexico, targeting high-traffic commercial corridors and areas aligned with state clean energy initiatives [1] - Installation progress is confirmed at 1600 West Ridge Road, with a new utility pole expected to be installed by the end of February 2026 [1] EV Software Channel Growth - Management sees significant opportunities through EV software channel partnerships, which will integrate charging infrastructure with smart management systems and usage analytics, aiming for long-term recurring revenue [1] - The EV+ Networks division is designed to enhance operational efficiency and revenue optimization through intelligent platform integration [1] Strategic Acquisition Discussions - The company is in negotiations with Chronical EV Engineers for a potential acquisition, which would improve internal engineering capabilities and expedite deployment timelines in targeted markets [1] Capital Structure Initiatives - The company plans to support a stable shareholder base during its infrastructure expansion and demonstrate operational progress [1] - A stock dividend will be issued to shareholders of record as of March 31, 2026, pending regulatory approval [1] - A share buyback program is expected to be finalized by the end of February 2026, reflecting management's confidence in the company's long-term value [1] Commitment to Growth - Green Rain Energy is dedicated to disciplined growth, transparent communication, and long-term value creation as it expands its EV charging network across the United States [1]

Green Rain Energy Holdings, Inc. ($GREH) Launches Green Rain EV+ Networks; Announces Share Buyback Finalization and 2026 Dividend Plan - Reportify