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Westbridge Renewable Energy Strengthens Portfolio with Strategic Sales and Expansion

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An update from Westbridge Energy ( (TSE:WEB) ) is now available.

Westbridge Renewable Energy announced a significant update on its international solar and battery storage portfolio, highlighting the successful sale of two Alberta projects generating over $62 million in non-dilutive cash. The company has achieved a 30-fold growth in its portfolio to over 9GW under development and is making strides with its remaining projects in Alberta, Canada. Westbridge continues to expand its battery energy storage projects and explores further opportunities in Ontario and British Columbia, reinforcing its market position in Canada.

More about Westbridge Energy

Westbridge Renewable Energy Corp. operates within the utility scale renewable energy sector, focusing on the development of solar and battery storage projects. The company is known for its strategic growth and capital allocation, providing a unique value proposition as a listed renewables developer.

YTD Price Performance: -2.38%

Average Trading Volume: 28,609

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$80.89M

See more insights into WEB stock on TipRanks’ Stock Analysis page.

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