UGE International Ltd. Announces Closing of Plan of Arrangement
Toronto, Ontario--(Newsfile Corp. - August 16, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") is pleased to announce the closing of the previously announced plan of arrangement (the "Arrangement") pursuant to which 1000896425 Ontario Ltd. (the "Purchaser"), an affiliate of NOVA Infrastructure Fund II, LP, acquired, with an effective date of August 15, 2024 (the "Effective Date") all of the issued and outstanding common shares of the Corporation (the "Common...
2024-08-16 8:00 AM EDT
UGE International Ltd. Provides Update on Closing of Plan of Arrangement
Toronto, Ontario--(Newsfile Corp. - August 9, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") announces that the closing of its previously announced plan of arrangement (the "Arrangement") with 1000896425 Ontario Ltd. (the "Purchaser"), an affiliate of NOVA Infrastructure Fund II, LP, pursuant to an arrangement agreement (the "Arrangement Agreement"), dated May 28, 2024, is now expected to occur on or about August 14, 2024, as opposed to on or about August...
2024-08-09 8:00 AM EDT
UGE International Ltd. Announces Securityholder Approval of Going Private Transaction
Toronto, Ontario--(Newsfile Corp. - July 31, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") is pleased to announce that the shareholders of the Company (the "Shareholders"), holders of the Company's compensation warrants (the "Warrantholders"), and holders of the Company's convertible debentures (the "Debentureholders", and collectively with the Shareholders and Warrantholders, the "Securityholders") have approved the proposed plan of arrangement (the...
2024-07-31 5:00 PM EDT
UGE Achieves Commercial Operation for Rooftop Community Solar Project in Staten Island, New York
Toronto, Ontario--(Newsfile Corp. - July 16, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that its 510kW rooftop community solar project in Staten Island, New York reached commercial operation and has begun generating electricity.UGE's newest community solar project is built atop Expressway Plaza, a shopping center on Staten Island. At just over half a megawatt, the project will offset roughly 700...
2024-07-16 7:00 AM EDT
UGE International Ltd. Announces Mailing of Meeting Materials and Receipt of Interim Order in Respect of Going-Private Transaction
Toronto, Ontario--(Newsfile Corp. - July 11, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") is pleased to announce the mailing of its notice of meeting, management information circular (the "Circular"), forms of proxy and letters of transmittal (collectively, the "Meeting Materials") to the holders (the "Shareholders") of common shares in the capital of UGE (the "Shares" and each, a "Share"), the holders of compensation warrants (the "Warrantholders"), and...
2024-07-11 5:30 PM EDT
UGE Reports Q1 2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, reported its financial results for the three months ended March 31, 2024. UGE reports all amounts in US dollars. Key financial results in Q1 2024 included:Ended the quarter with 5.6MW of operating assets that contributed $175.9K of energy generation revenue in the three months ended March 31, 2024. This reflects an increase...
2024-05-29 6:39 PM EDT
UGE International Ltd. Enters into Arrangement Agreement for Going-Private Transaction
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") and NOVA Infrastructure Fund II, LP, through its affiliated purchaser entity 1000896425 Ontario Ltd. (the "Purchaser"), announced today that they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of the Company (the "Common Shares") pursuant to a...
2024-05-29 7:00 AM EDT
Heliene and UGE Announce Strategic Partnership and Multiyear Module Supply Agreement
Minnesota and New York, New York--(Newsfile Corp. - May 8, 2024) - Heliene, Inc. ("Heliene"), one of North America's fastest-growing manufacturers of high-quality solar energy equipment, today announced a multiyear module supply agreement and strategic partnership with UGE, (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leading community and commercial solar developer. Through this agreement and partnership, Heliene will help UGE improve project economics and materially reduce supply...
2024-05-08 12:42 PM EDT
UGE Partners with MaxSolar to Achieve Optimal Project Performance
Toronto, Ontario--(Newsfile Corp. - May 2, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it has signed a national service agreement with MaxSolar, a nation-wide renewable energy project operations & maintenance provider.UGE, which had a decade of experience providing EPC (engineering, procurement, and construction) services, transformed into a full-lifecycle developer and IPP (independent power...
2024-05-02 7:00 AM EDT
UGE Reports 2023 Financial Results
Toronto, Ontario--(Newsfile Corp. - April 30, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, reported its financial results for the year ended December 31, 2023. UGE reports all amounts in US dollars. At the same time, within the Company's audited consolidated financial statements, the Company restated the comparative information as at and for the year ended December 31, 2022 as there had been an omission of...
2024-04-30 8:19 AM EDT
UGE Announces Financial Results Release Date and Webinar
Toronto, Ontario--(Newsfile Corp. - April 24, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it plans to release its Q4 and fiscal year 2023 financial statements after market close on Monday, April 29, 2024. UGE International's CEO Nick Blitterswyk and CFO Stephanie Bird will host a live webinar on Tuesday, April 30, 2024 at 11am EDT to review the results, recent Company updates and answer investor...
2024-04-24 6:44 PM EDT
UGE Achieves Notice to Proceed Milestone for 847kW Rooftop Community Solar Project in Queens, New York
Toronto, Ontario--(Newsfile Corp. - April 17, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it has reached the 'Notice to Proceed' (NTP) milestone for its 847kW rooftop community solar project in Queens, New York. The NTP milestone indicates that financing for the project has closed and all necessary permits and interconnection approvals for the project are in place.The project will be built atop...
2024-04-17 7:00 AM EDT
UGE Energizes Largest Rooftop Community Solar Project in Maine
Toronto, Ontario--(Newsfile Corp. - April 11, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that its 1-megawatt community solar farm in Dover-Foxcroft Maine reached commercial operation and has begun generating electricity.*Built atop an 80,000-square-foot fieldhouse at Foxcroft Academy, the project is now the largest rooftop community solar project in the state of Maine. Foxcroft Academy, which is a...
2024-04-11 7:00 AM EDT
UGE Achieves Notice to Proceed Milestone for Second 1.4MW Solar Project in Smithville, Texas
Toronto, Ontario--(Newsfile Corp. - February 28, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it has reached the 'Notice to Proceed' (NTP) milestone for a 1.4MW ground-mount solar project in Smithville, Texas. The NTP milestone indicates that financing for the project has closed and all necessary permits and interconnection approvals for the project are in place.This is UGE's second solar project...
2024-02-28 7:00 AM EST
UGE Achieves Commercial Operation for Rooftop Community Solar Project in Queens, New York
Toronto, Ontario--(Newsfile Corp. - February 7, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it has reached commercial operation on its 376kW rooftop community solar project in Queens, New York. The project sits atop a 116,725 square foot modern warehouse located on Conduit Avenue near John F. Kennedy International Airport, that is owned and developed by New York City-based real estate developer...
2024-02-07 7:00 AM EST
UGE Announces Q4 2023 Milestones and Business Updates
Toronto, Ontario--(Newsfile Corp. - January 16, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces milestones and business updates for the fourth quarter ending December 31, 2023.Four New Projects EnergizedDuring the quarter, UGE reached commercial operation on its 1MW project in Norway, Maine. The Company also completed construction and received Permission to Operate ("PTO") for three more projects which...
2024-01-16 7:00 AM EST
UGE Reaches Commercial Operation on Rooftop Community Solar Project in Peekskill, New York
Toronto, Ontario--(Newsfile Corp. - January 11, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it has reached commercial operation on its 457-kilowatt rooftop community solar project in Peekskill, New York. UGE's latest community solar project sits atop Spare Cube, a self-storage facility in Peekskill, NY, and is UGE's second community solar asset in Peekskill (the first towards the end of 2021)....
2024-01-11 7:00 AM EST
UGE Completes Construction and Receives Permission to Operate for Three Rooftop Community Solar Projects
Toronto, Ontario--(Newsfile Corp. - January 2, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it has completed construction and received Permission to Operate for three new rooftop community solar projects, which together total 1.8MW. Two of the new projects are in the metro New York City area, with the other located in Dover-Foxcroft, Maine. With Permission to Operate, the three projects are now...
2024-01-02 7:00 AM EST
UGE Announces Closing of US $518,700 Private Placement of Green Bonds
Toronto, Ontario--(Newsfile Corp. - December 22, 2023) - 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 private placement of 9% secured debentures of the Company ("Green Bonds"), to US subscribers, for aggregate gross proceeds of US $518,700 (the "Private Placement").The Green Bonds are denominated in US$ and issued at a price of US$950 per US$1,000 principal amount. The Green Bonds...
2023-12-22 5:00 PM EST
UGE Announces November 2023 Project Development Green Bond Commission Disclosure
Toronto, Ontario--(Newsfile Corp. - December 20, 2023) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, states that the previously disclosed cash commissions in the November 2023 project development green bond transaction were C$113,330 and US$5,460. This disclosure has been made pursuant to TSXV policies. About UGEUGE develops, owns, and operates community and commercial solar & battery storage projects. Our distributed...
2023-12-20 9:40 AM EST