IBN Coverage: SolarBank (NASDAQ: SUUN) (CSE: SUNN) Reports Q3 Results; Eyes Long-Term Gains with $100M Project Financing
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community.
LOS ANGELES, CA - May 19, 2025 ( NEWMEDIAWIRE ) - Disseminated on behalf of SolarBank Corporation
SolarBank (NASDAQ: SUUN) (CSE: SUNN) posted fiscal Q3 results for the period ended March 31, 2025, showing year-to-date revenue of C$29.1 million versus C$50.4 million a year earlier, reflecting a shift toward long-term asset ownership over short-term EPC sales. The company reported a net loss of C$9 million compared to net income of C$5.5 million last year, driven by higher costs and reduced EPC activity. SolarBank highlighted a 395% increase in assets to C$194 million following the Solar Flow-Through Funds acquisition and secured a mandate letter with CIM Group for up to US$100 million in project financing for a 97 MW solar portfolio in the U.S., reinforcing its strategy to grow its independent power producer platform.
To view the full press release, visit https://ibn.fm/bWlJj
About SolarBank Corporation
SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar, Battery Energy Storage System (BESS) and EV Charging projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. For more information, visit the company's website at SolarBankCorp.com.
For more information, visit the company's website at SolarBankCorp.com. This report contains forward-looking information. Please refer to https://ibn.fm/G76GJ for additional details.
NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer
The latest news and updates relating to SUUN are available in the company's newsroom at https://ibn.fm/SUUN
Forward Looking Statements
Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.
About IBN
IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients.
IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions.
For more information, please visit www.IBN.fm
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: https://IBN.fm/Disclaimer
Media Contact
IBN
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]
View the original release on www.newmediawire.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
24 minutes ago
- Yahoo
Powering the AI Revolution: Investbanq Accelerates Digital Breakthrough in WealthTech
SINGAPORE, June 11, 2025 /PRNewswire/ -- Investbanq, the AI-powered wealth operating system for family offices, asset managers, and banks, has secured US$3 million in Pre-Series A funding. The round drew participation from Constructor Capital, Orvel, Big Sky Capital and several other prominent investors, underscoring growing investor demand for next-generation WealthTech infrastructure. Investbanq recently captured global attention by winning Meet The Drapers, the international startup show judged by venture capitalist Tim Draper, and by receiving Global Private Banker's "Best WealthTech - AI" award, reaffirming its technological leadership and global market potential. About Investbanq Investbanq is the next-generation wealth management platform, enabling banks, asset managers, and family offices to transition into AI-driven WealthTech players. Its WealthOS product allows efficient management of the rapidly growing capital pools of affluent millennials and other digitally native investors across Asia and the MENA region "The number of individuals requiring advanced Wealth Management was growing for 50 years, and will be exponentially accelerated by GenAI," said Dr. Serg Bell, Founder and Chairman of Constructor Capital. "Investbanq's dynamic and adaptive AI engine creates diversified portfolios in real time, completes onboarding in days, not months, and lowers long-standing barriers for those wanting to access private-market opportunities." Investbanq is headquartered in Singapore, with additional offices in Kazakhstan and the UAE. The startup has completed the EBRD Star Venture program and is now enrolled in both the NVIDIA Accelerator and First Rate Connect—evidence of strong expert backing and the platform's global potential. "We want to help create a world where anyone can master, grow, and pass on their wealth with confidence and clarity," said Oz Zhiyenkul, Co-founder and CEO of Investbanq. "We are pleased that investors sharing our vision for the future of WealthTech have placed their trust in Investbanq," added Tk Kantayev, Co-founder and COO. Key Investors Key investors include Constructor Capital, Big Sky Capital, Orvel, and notable Kazakhstani investor Yerkin Tatishev, all of whom backed the company's strategy for rapid scaling and technological differentiation. "I've known Olzhas for over 30 years and have seen him grow, learn, tackle complex challenges, and consistently deliver. When he shared Investbanq with me, I had no doubt — it reflected his character: structured, strategic, and responsible. I invested because I believe in him and the team he's built" remarked Yerkin Tatishev, Chairman of the Board at Kusto Group. "We see Investbanq as a transformative force in wealth management for HNWI in emerging markets, where traditional private banking solutions are often inaccessible or outdated. By combining personalised, AI-powered advisory services with strategic regulatory coverage across Singapore, Dubai, and Kazakhstan, Investbanq addresses a clear market gap," said a spokesperson from Orvel. Investbanq will use the funds to expand its team, enhance its platform with advanced asset management tools and automation, and accelerate growth across Asia and the MENA. About Investbanq Co-founded by Oz (Olzhas) Zhiyenkul and Tk (Talgat) Kantayev, Singapore-based Investbanq aims to redefine the future of wealth management by building a more inclusive, modular, and AI-native financial infrastructure. View original content to download multimedia: SOURCE Investbanq Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30 minutes ago
- Yahoo
P2P Group Increases Biometric Detection Range by 166%--Transforming Security, Defence and Aged Care
(CSE: PPB / FSE: 3QG / US: PPBGF)investor@ Highlights: Opens new markets in border control, defence, and passive health monitoring Extends wireless heart rate and breathing detection range from 3m to 8m using standard Wi-Fi Enables detection of hidden individuals and weapons in vehicles and sealed environments from human or drone-operated devices. Click to join the public Inturai Telegram Channel VANCOUVER, BC, June 11, 2025 /CNW/ - P2P Group Ltd. (CSE: PPB) (FSE: 3QG) (US: PPBGF) is pleased to announce a major improvement in its wireless sensing platform, achieving heart rate and breathing detection at distances of up to 8 metres—more than doubling its prior range. This enhancement strengthens both the SafeWave and StealthWave systems and significantly increases addressable market applications: Border Security and Customs – Identifying concealed individuals in transport vehicles and closed compartments National Defence and Tactical Teams – Gathering biometric intelligence without line of sight Aged Care and Remote Health – Enabling unobtrusive, low-cost, and full room monitoring with no cameras, wearables, or privacy trade-offs "Expanding the range to 8 metres without adding complexity is a very meaningful leap," said Ed Clarke, CEO of P2P Group. "This capability pushes us into new operational zones where traditional solutions simply can't go." The Company is advancing IP protection, commercial rollout plans, and customer notifications. Updates will follow as deployment progresses. About P2P Group P2P Group is advancing intelligent environments through its proprietary Inturai AI signal sensing technology, transforming sectors including healthcare, defence, policing, emergency services, drones, smart homes, and industrial systems. By leveraging standard Wi-Fi and radio signals, Inturai delivers next-generation spatial intelligence without the need for invasive or specialist hardware. This breakthrough enables safer, smarter spaces across a range of high-impact use cases. To learn more, visit This document contains certain forward-looking statements that are based on assumptions as of the date of this news release. Forward-looking statements are frequently characterised by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. View original content to download multimedia: SOURCE P2P Group Limited View original content to download multimedia:
Bloomberg
34 minutes ago
- Bloomberg
London's Incredible Shrinking Stock Market
Back in 2016, Intercontinental Exchange Inc., the owner of the New York Stock Exchange, revealed that it was considering an offer for the London Stock Exchange Group Plc. After a couple of months of due diligence, it walked away, citing 'insufficient engagement' by the LSE. A decade earlier, Nasdaq was given the cold shoulder from management that saw London as 'the natural center of the world's equity flows.' As it turns out, the American exchanges didn't need to buy LSE to win London's market – they just needed patience. US markets are steadily picking off London's prized listings one by one, exemplified by fintech pioneer Wise Plc's recent decision to shift its primary listing to New York. Wise, worth about $15 billion, adds to a growing list of departures. Construction-equipment firm Ashtead Group Plc announced its move in December, while former FTSE 100 constituents CRH Plc, Ferguson Enterprises Inc and Flutter Entertainment Plc have already relocated.
