Core Viewpoint - Westbridge Renewable Energy Corporation plans to change its corporate domicile from British Columbia, Canada, to Luxembourg, effective April 8, 2026, subject to shareholder and regulatory approvals [1] Group 1: Strategic Rationale - The Board of Directors believes that the Continuation to Luxembourg will better align the Company's legal domicile with its international shareholder base and geographical diversification of its portfolio [1] - The move aims to support the Company's long-term capital markets and strategic development objectives [1] Group 2: Legal Structure Changes - Upon completion of the Continuation, the Company will become a Luxembourg public limited company (société anonyme) and will change its name to Westbridge Renewable Energy S.A. [1] - The Continuation will not affect shareholder rights, listing status on exchanges, or the ownership of renewable energy and data infrastructure assets [1] Group 3: Shareholder Approval and Next Steps - The Continuation requires approval from shareholders and the TSX Venture Exchange, with a special meeting scheduled for April 7, 2026 [1] - Additional information regarding the meeting will be available on the Company's SEDAR+ profile [1] Group 4: Company Overview - Westbridge Renewable Energy focuses on developing and monetizing utility-scale solar PV projects and battery energy storage projects [1] - The Company operates in Canada, the U.S., the U.K., and Italy, aiming to deliver long-term returns through an international portfolio of renewable energy assets [1] - Westbridge is one of the few listed, pure-play international solar and BESS development companies, providing investors access to early-stage development projects [1]
Westbridge Renewable Energy Corp. Announces Planned Continuation to Luxembourg
Prnewswire·2026-03-12 23:45