All amounts are in Canadian dollars unless otherwise stated This Transaction provides Boralex with powerful levers to accelerate the execution of its 2030 Strategic Plan and strengthens its ability to create long-term value for all its stakeholders.Boralex shareholders to receive $37.25 in cash per Common Share, representing a 31.8% premium over the March 20, 2026 closing price on the TSX and a 36.4% premium over the 30-day volume-weighted average price for the period ending March 20, 2026, the last full da ...

Arevon Energy has begun construction of the Cormorant Energy Storage Project in Daly City, California, US, a $600m facility that will offer storage capacity of 250MW/1,000 megawatt-hours (MWh). Scheduled to become operational in 2027, it is expected to power around 321,000 homes for up to four hours, enhancing grid reliability by providing stored electricity during peak demand periods. The energy storage system, owned and operated by Arevon, is under a long-term offtake agreement with MCE, which provide ...

Core Insights - Founder Group Limited has secured an EPC contract worth 19.5 million Malaysian Ringgit (approximately 5 million USD) to construct a 5.5 MW solar facility under Malaysia's LSS5 program, which is the largest solar tender project in the country to date [1][2]. Industry Overview - The LSS PETRA program, part of the broader Malaysia MADANI framework and the National Energy Transition Roadmap (NETR), is crucial for accelerating renewable energy deployment in Malaysia, aiming for net-zero emissions by 2050 [2]. - Since its inception in 2016, the LSS program has been a key catalyst for the growth of Malaysia's renewable energy sector, with approximately 121 large-scale solar projects approved, totaling an installed capacity of 6,228 MW and expected investments exceeding 21 billion Malaysian Ringgit [2]. Project Details - Under the new contract, Founder Group will be responsible for the design, construction, testing, and commissioning of the 5.5 MW solar facility, which is expected to provide a guaranteed maximum annual available capacity (MAAQ) of 13,568.8 MWh in its first two years of operation [3]. - The project is scheduled to commence commercial operations by May 1, 2027, reflecting the optimistic outlook for Malaysia's renewable energy development [3]. Company Profile - Founder Group Limited is a pure-play, end-to-end EPCC solutions provider in the solar photovoltaic sector in Malaysia, focusing on large-scale solar projects and commercial and industrial solar projects [4]. - The company's mission is to provide innovative solar installation services, promote sustainable resources, and achieve carbon neutrality [4].

120 MW solar and 400 MWh energy storage project in Elmore County, Idaho, currently under construction, commercial operation expected during the first half of 2027 Expected to contribute approximately $27-28 million in revenue and $20-21 million in EBITDA in its first full year of operation This brings Enlight’s total project financing to $3 Billion in the past 12 months TEL AVIV, Israel, March 16, 2026 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (TASE: ENLT; NASDAQ: ENLT), a global renewable energy develop ...

Ashtrom Renewable Energy has secured a financing agreement worth approximately $200m with BHI, the US branch of Bank Hapoalim, for the El Patrimonio solar project near San Antonio, Texas. The company began building the facility in 2025 and expects to complete the project by 2027. Once operational, El Patrimonio is expected to supply electricity to an estimated 37,000 households and reduce carbon emissions by roughly 170 tonnes per annum (tpa). Ashtrom Renewable Energy CEO Yitsik Mermelstein said: “The ...

Ashtrom Renewable Energy has secured a financing agreement worth approximately $200m with BHI, the US branch of Bank Hapoalim, for the El Patrimonio solar project near San Antonio, Texas. The company began building the facility in 2025 and expects to complete the project by 2027. Once operational, El Patrimonio is expected to supply electricity to an estimated 37,000 households and reduce carbon emissions by roughly 170 tonnes per annum (tpa). Ashtrom Renewable Energy CEO Yitsik Mermelstein said: “The ...

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]

Financial Data and Key Metrics Changes - Total revenues in 2025 were $176.4 million, flat compared to $175.7 million in 2024 [12] - Net income for 2025 was $1.7 million, a decrease of $8 million or 84.5% compared to $9.7 million in 2024 [32] - Adjusted EBITDA for 2025 was $35.6 million, a decrease of $7 million or 16.5% compared to $42.6 million for 2024 [31] - EBITDA for 2025 was $32.3 million, a decrease of $8.7 million or 21.2% compared to EBITDA of $41 million in 2024 [32] Business Line Data and Key Metrics Changes - RNG production in 2025 was approximately 5.6 million MMBtu, consistent with 2024 [15] - Revenues from the renewable natural gas segment in 2025 were $155.7 million, a decrease of $2.3 million or 1.4% compared to $158 million in 2024 [16] - Renewable electricity revenues in 2025 were $17.2 million, a decrease of $0.6 million or 2.9% compared to $17.8 million in 2024 [21] Market Data and Key Metrics Changes - The average realized RIN price in 2025 was $2.33, a decrease of approximately 29% compared to $3.28 in 2024 [12] - The natural gas index price increased approximately 51.1% during 2025, moving from $2.27 in 2024 to $3.43 in 2025 [13] Company Strategy and Development Direction - The company is evaluating additional development expansion opportunities to ensure the beneficial processing of all available feedstock volumes [4] - The commissioning of the Turkey, North Carolina facility is expected to process feedstock from approximately 400-450,000 hog spaces, with production and revenue generation activities anticipated to commence in April 2026 [9] - The company has completed a $200 million senior credit facility to support growth initiatives and the completion of the Turkey project [9][28] Management's Comments on Operating Environment and Future Outlook - Management expects RNG production volumes in 2026 to range between 5.8 and 6.1 million MMBtu, with corresponding RNG revenues between $175 million and $190 million [34] - The company anticipates renewable electricity production volumes in 2026 to range between 195,000 and 207,000 megawatt hours, with corresponding revenues between $35 million and $41 million [34] Other Important Information - Operating profit in 2025 was $0.9 million, a decrease of $15.2 million compared to $16.1 million in 2024 [25] - The company recorded impairment losses of $3.2 million for 2025, an increase of $1.6 million compared to $1.6 million for 2024 [22] - Capital expenditures for 2025 were approximately $116.5 million, with significant investments in Montauk Ag Renewables and other projects [29] Q&A Session Questions and Answers Question: What is built into your 2026 RNG production outlook? - Management indicated that growth is expected across all RNG sites due to landfill improvements and existing well field automation initiatives [37][38] Question: Can you triangulate your adjusted EBITDA potential growth? - Management noted that while they do not provide specific guidance on EBITDA, significant uplift is expected from the commissioning of the North Carolina turkey project and the reduction of non-repeated costs from 2025 [41][42][44] Question: Does the RNG revenue guidance reflect potential RIN price outcomes? - Management confirmed that the guidance covers various expectations, including production and potential RIN pricing, while noting that they have already committed and transferred their 2025 RINs [47][48]

Core Insights - Montauk Renewables, Inc. reported financial results for the year ended December 31, 2025, highlighting a flat revenue performance despite an increase in RINs sold and RNG production, primarily impacted by a significant decrease in average RIN pricing [1][3][4]. Financial Performance - Total revenues for 2025 were $176.4 million, unchanged from $175.7 million in 2024 [3][4]. - Net income decreased to $1.7 million, down 82.0% from $9.7 million in 2024 [3][4]. - Non-GAAP Adjusted EBITDA was $35.6 million, a decrease of 16.5% year over year [4][23]. - Average realized RIN price fell to $2.33, a decrease of approximately 29.0% compared to $3.28 in 2024 [3][4]. - Operating and maintenance expenses increased by 10.7% to $59.1 million, driven by higher utility expenses and maintenance costs [3][4]. Production and Sales Metrics - RNG production was approximately 5.6 million MMBtu, reflecting a 1.0% increase year over year [4][5]. - The total volume of RINs sold increased by 20.5%, totaling 44.1 million RINs [4][5]. - Renewable Electricity production decreased to approximately 177 thousand MWh, down from 186 thousand MWh in 2024 [5]. Joint Ventures and Future Outlook - The company recorded $1.5 million in investment income from its joint venture with GreenWave Energy Partners, LLC, which involved the distribution of 706 thousand RINs [1][3]. - A five-year gas rights extension was successfully negotiated at the Raeger facility in March 2026 [1]. - The company anticipates an increase in Renewable Electricity revenues and production with the expected commercial operation date of the Montauk Ag Renewables project in North Carolina [7][12].

Core Viewpoint - Revolve Renewable Power Corp. has initiated construction on a portfolio of distributed generation solar projects in Mexico, which will enhance its recurring revenue stream through an additional capacity of 2.8 megawatts [1] Company Summary - The company currently owns 3 megawatts of operating assets in Mexico, and the new projects will increase its total capacity to 5.8 megawatts [1]