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Pardee Resources Company: Solar PV Investment
Prnewswire· 2025-07-28 17:28
RADNOR,Pa., July 28, 2025 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") reports that its subsidiary, Pardee Renewable Energy LLC, recently agreed to invest $15.2 million in a 90% equity interest in four renewable energy partnerships that intend to install new solar photovoltaic systems (solar PV systems) with a total capacity of 4.6 MW on the rooftops of nine public schools located in Roanoke, Virginia. The investment will be financed, in part, with commercial bank loans at the partne ...