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...
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...
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...
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...
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
UGE Community Solar Project in Norway, Maine Achieves 'Notice To Proceed' Milestone
New York, New York--(Newsfile Corp. - June 23, 2022) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, has reached the Notice to Proceed milestone for its community solar project in Norway, Maine. The one megawatt ground-mount project will be built atop a capped landfill and will generate enough electricity to offset nearly 1,500 tons of carbon dioxide each year, while reducing energy costs for the town and...
2022-06-23 7:00 AM EDT
UGE to Develop Three New Solar Projects in New York City
New York, New York--(Newsfile Corp. - June 6, 2022) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, announces plans to develop three new community solar projects in the metro New York City region. All three rooftop projects, totalling 3MW, will be owned and operated by UGE. The electricity generated will provide local businesses and households with cleaner, cheaper electricity through community solar...
2022-06-06 7:00 AM EDT
UGE Reports First Quarter 2022 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 25, 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 March 31, 2022. UGE reports all amounts in US dollars.In Q1 2022, UGE continued to grow its business of developing, building, financing, and operating community and commercial solar facilities. Key business and financial highlights for Q1 2022 included:Project...
2022-05-25 5:39 PM EDT
UGE Announces Release Date for Q1 2022 Financial Results and Webinar Details
Toronto, Ontario--(Newsfile Corp. - May 18, 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 Q1 2022 financial statements on May 25, 2022 after markets close. UGE will host a live webinar the next day 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...
2022-05-18 7:00 AM EDT
UGE Reports Fiscal Year 2021 Financial Results
Toronto, Ontario--(Newsfile Corp. - April 28, 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 year ended December 31, 2021. UGE reports all amounts in US dollars.In 2021, UGE continued to grow its business of developing, building, financing, and operating community and commercial solar facilities. The Company expanded significantly in 2021, as highlighted by its...
2022-04-28 7:15 AM EDT
New York Commits to Achieving Ten Gigawatts of Distributed Solar by 2030, Adds Momentum in UGE International's Key Market
Toronto, Ontario--(Newsfile Corp. - April 20, 2022) - UGE International ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, commends the recent expansion of NY-Sun, New York's pioneering solar program. Announced by Governor Kathy Hochul on April 14, the initiative provides the framework needed for the state to achieve at least ten gigawatts of distributed solar by 2030, enough to power roughly 700,000 homes. UGE has significant...
2022-04-20 7:00 AM EDT
UGE Announces Release Date for Audited 2021 Financial Statements and Webinar Details
Toronto, Ontario--(Newsfile Corp. - April 20, 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 audited 2021 financial statements on April 28, 2022 before markets open. UGE will host a live webinar on the same day at 11:00am EDT, to review the results and other recent Company updates. UGE's CEO Nick Blitterswyk and CFO Stephanie Bird will provide the update...
2022-04-20 7:00 AM EDT
UGE International Announces Closing of Secured Project Development Green Bonds
Toronto, Ontario--(Newsfile Corp. - April 8, 2022) - UGE International ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, announces the closing of its previously announced non-brokered private placement of secured project development green bonds (the 'Bonds'), issuing today $2.874 million in aggregate principal amount of Bonds (the "Private Placement"). Each Bond has a face value of $1,000, an 8% coupon and four-year maturity. The...
2022-04-08 5:00 PM EDT
UGE Announces Q1 2022 Milestones and Business Updates
Toronto, Ontario--(Newsfile Corp. - April 4, 2022) - UGE International ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, announces its milestones and business updates for the first quarter ending March 31, 2022. Pipeline Grows, Origination Efforts Strengthened Within the first quarter, UGE's origination and project development efforts continued to scale. UGE's stage 1 and 2 pipeline now exceeds 1GW, whereas total projects in...
2022-04-04 7:15 AM EDT
UGE Announces Offering of Secured Project Development Green Bonds
Toronto, Ontario--(Newsfile Corp. - April 4, 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 private placement of CAD$3 million of project development green bonds (the 'Bonds'). Each $1,000 Bond has a coupon of 8% and matures on the date that is 48 months from the date of issuance. With each Bond, subscribers will receive 70 warrants in UGE with a strike...
2022-04-04 7:00 AM EDT
UGE Announces Q4 2021 Milestones and Project Updates
Toronto, Ontario--(Newsfile Corp. - January 12, 2022) - UGE International ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, announces its milestones for the fourth quarter ending December 31, 2021. Exponential Backlog and Pipeline Growth in 2021 Backlog: During the fourth quarter, UGE increased project backlog by 41.9MW, to over 158MW as of December 31, 2021, versus 116MW on September 30, 2021 and 59.8MW on December 31, 2020....
2022-01-12 7:00 AM EST
UGE International Announces Change of Auditor to KPMG LLP
Toronto, Ontario--(Newsfile Corp. - December 15, 2021) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector today announced that it has changed its auditors from MNP LLP ("Former Auditor") to KPMG LLP ("Successor Auditor") effective December 9, 2021.At the request of the Company, the Former Auditor resigned as the auditor of the Company and the Board of Directors of the Company appointed the Successor Auditor as...
2021-12-15 6:06 PM EST
UGE Reports Third Quarter 2021 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 23, 2021) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, reported its financial results for the quarter ended September 30, 2021. UGE reports all amounts in US dollars.In Q3 2021, UGE continued to grow its business of developing, building, financing, and operating commercial and community solar facilities. The Company's operational portfolio reached 1.5MW, its...
2021-11-23 7:15 AM EST