UGE International Ltd.

Recent News

  • UGE Project Backlog in Virginia Surpasses 12 Megawatts

    Toronto, Ontario--(Newsfile Corp. - September 27, 2022) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, this month added a 5MWac community solar project in Gloucester County, Virginia to its project backlog, bringing the company's backlog total in Virginia to 12.3 megawatts. UGE's two other projects in development in the state are a 3.9MWac project in Halifax County and a 3.4MWac project in Sussex County. UGE began obtaining...

    2022-09-27 7:00 AM EDT
  • UGE Reports Second Quarter 2022 Financial Results

    Toronto, Ontario--(Newsfile Corp. - August 15, 2022) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, reports its financial results for the quarter ended June 30, 2022. UGE reports all amounts in US dollars.In Q2 2022, UGE continued to grow its business of developing, building, financing, owning, and operating community and commercial solar facilities.Key business and financial highlights for Q2 2022 included:Project development backlog increased to 195MW as...

    2022-08-15 6:07 PM EDT
  • UGE International Announces Release Date for Q2 2022 Financial Results and Webinar

    Toronto, Ontario--(Newsfile Corp. - August 9, 2022) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leading developer of community and commercial solar projects, announces that it plans to release its Q2 2022 financial statements on August 15, 2022 after markets close. UGE will host a live webinar Tuesday, August 16, 2022 at 10:00am EDT to review the results and other recent Company updates.UGE's CEO Nick Blitterswyk and CFO Stephanie Bird will provide the update and...

    2022-08-09 7:00 AM EDT
  • UGE Announces Closing of $2.225M Private Placement of Project Development Debenture Units

    Toronto, Ontario--(Newsfile Corp. - July 28, 2022) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, is pleased to announce that it has closed the brokered "best efforts" private placement of debenture units of the Company (the "Green Debentures") previously disclosed in the Company's July 5, 2022 press release, for aggregate gross proceeds of $2,225,000 (the "Offering"). The Offering was led by Canaccord Genuity Corp, on behalf of...

    2022-07-28 11:48 AM EDT
  • UGE Announces Q2 2022 Milestones and Business Updates, Sees Record Backlog Growth

    Toronto, Ontario--(Newsfile Corp. - July 12, 2022) - UGE International ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, announces milestones and business updates for the second quarter ending June 30, 2022. Record Backlog Growth Sets Milestone In the second quarter, the Company's project backlog (stages 3.1-5) increased over 35% and now totals 195MW, versus 144MW at the end of the prior quarter. The 51MW increase in one quarter is the...

    2022-07-12 7:00 AM EDT
  • UGE Announces Commercial Operation of Two New Community Solar Projects in New York City, Partnering with T-Mobile and Common Energy

    Toronto, Ontario--(Newsfile Corp. - July 7, 2022) - UGE International ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leading developer of community and commercial solar projects, is proud to announce the completion of two new community solar projects in Staten Island, New York. The projects, with a combined capacity of 723kW, have been tested and approved by ConEdison and are delivering clean energy to the electrical grid. T-Mobile will serve as an anchor for the projects and...

    2022-07-07 7:00 AM EDT
  • UGE Announces Private Placement of up to $3 Million of Project Development Green Bonds

    Toronto, Ontario--(Newsfile Corp. - July 5, 2022) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, is pleased to announce a brokered "best efforts" private placement of green bonds (the "Green Bonds"), for gross proceeds of up to $3,000,000 (the "Offering"). The Offering will be led by Canaccord Genuity Corp, on behalf of a syndicate of agents. The Green Bonds will have a term of four years and...

    2022-07-05 7:00 AM EDT
  • UGE Secures $25 Million to Deploy Six Community Solar Projects in Maine

    New York, New York--(Newsfile Corp. - June 29, 2022) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, announces that it has closed a project debt and tax equity facility with Twain Financial ("Twain") to finance six community solar projects in Maine.The six projects range in size from 1.0MW DC to 3.0MW DC and participate in Maine's community solar program. The first project is located in the Town...

    2022-06-29 7:00 AM EDT