Browsing Tag
Red Willow Solar Inc.
1 post
Westbridge (TSXV: WEB) shares jump 12% on C$26.7m Red Willow solar-storage sale
Westbridge Renewable Energy has agreed to sell its 225MW Red Willow solar-plus-storage project for potential receivables of C$26.725 million. The stock gained 12.4% after the announcement, a logical reaction given that the maximum consideration equals roughly 80% of Westbridge's August 28 market capitalisation.