Westbridge Renewable Energy: A Beacon of Growth in the Renewable Energy Sector

Westbridge Renewable Energy Corp. (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) has recently provided an update on its international solar and battery storage portfolio, showcasing impressive growth and a strong commitment to clean energy development. The company's development portfolio has grown more than 30 times since its public listing, now standing at approximately 9.5 GW across 22 projects in four countries: Canada, the United States, the U.K., and Europe.



Westbridge's growth can be attributed to several key factors, including the increasing demand for clean energy, government support and incentives, improving project economics, growing corporate commitments, and the need for grid stability. The company's impressive approval track record, such as the Dolcy Project, is a testament to its efficient permitting, comprehensive environmental assessments, strategic land acquisition, effective stakeholder engagement, and experienced management team.

The sale of the Alberta Georgetown and Sunnynook projects to Metlen Energy & Metals has significantly impacted Westbridge's financial position and future growth prospects. The sale generated over $62 million in non-dilutive cash, enabling the company to repay over $35 million of debt and return $10 million of capital to shareholders, equivalent to a 12% yield. This cash infusion, combined with the strategic partnership established with Metlen Energy & Metals, positions Westbridge for continued portfolio growth and diversification.



Westbridge's impressive portfolio growth and financial performance demonstrate the company's commitment to delivering utility-scale solar and battery storage projects with exceptional returns on capital invested. As a listed renewables developer and capital allocator operating within the utility-scale renewable energy space, Westbridge represents a unique value proposition for investors seeking exposure to the growing renewable energy sector.

In conclusion, Westbridge Renewable Energy Corp. has proven itself to be a leader in the renewable energy sector, with a strong track record of growth and a commitment to clean energy development. The company's impressive portfolio growth, financial performance, and strategic partnerships position it well for continued success in the years to come.