SolarBank Corporation

NasdaqGM SUUN

SolarBank Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2024: USD -7.44 M

SolarBank Corporation Capital Expenditure is USD -7.44 M for the Trailing 12 Months (TTM) ending September 30, 2024, a -134.53% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).
  • SolarBank Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2023 was USD -3.17 M.
Key data
Date Capital Expenditure Free Cash Flow Depreciation And Amortization Deferred Income Tax
Market news
SV Wall Street
NasdaqGM: SUUN

SolarBank Corporation

CEO Dr. Richard Lu M.B.A., M.D., M.Sc.
IPO Date April 8, 2024
Location Canada
Headquarters 505 Consumers Road
Employees 15
Sector Utilities
Industries
Renewables Solar Energy
Description

SolarBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, engineering, procurement and construction, operation and maintenance, and asset management of solar photovoltaic power plants to the renewable and clean energy industry. It also develops solar projects that sells electricity to commercial, industrial, municipal, residential, and utility off-takers sectors. The company was formerly known as Abundant Solar Energy Inc. and changed its name to SolarBank Corporation in October 2022. SolarBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.

StockViz Staff

February 6, 2025

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