UGE Secures Three NYC Community Solar Projects Totaling 1.5 MW, Increasing Backlog by US$3 Million
Toronto, Ontario--(Newsfile Corp. - November 16, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, is pleased to announce the following project updates in the metro New York City region:Three New Community Solar Wins UGE has secured three new community solar projects in New York City:Two projects are for a new real estate client on adjacent properties on Staten Island. The projects are 375kW and 339kW in...
2020-11-16 7:00 AM EST
UGE Announces Q3 2020 Project Updates
Toronto, Ontario--(Newsfile Corp. - October 13, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in the commercial and community solar sector, is pleased to announce the following operational updates from the third quarter ended September 30, 2020.UGE USAIn Q3, UGE USA commissioned and energized two New Jersey rooftop solar projects, which mark the completion of UGE's first two self-financed systems. These projects are the first two for a real...
2020-10-13 7:00 AM EDT
UGE Announces US$21.5 Million in New Community Solar Projects in Maine
Toronto, Ontario--(Newsfile Corp. - September 16, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce it has signed agreements to develop, build, and finance two additional community solar projects in Maine. The Company calculates the present value of the two projects at US$21.5 million, with margins in line with recent Company results, and expects to deploy the projects over...
2020-09-16 7:00 AM EDT
UGE Reports Second Quarter 2020 Financial Results, Settles Debt at a Discount
Toronto, Ontario--(Newsfile Corp. - August 25, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, reported its financial results for the three months ended June 30, 2020. UGE reports in US dollars. A complete set of June 30, 2020 Consolidated Financial Statements and Management's Discussion & Analysis has been filed at www.sedar.com as well as on the Company's website.Second Quarter 2020...
2020-08-25 7:20 AM EDT
UGE Announces Warrant Exercise
Toronto, Ontario--(Newsfile Corp. - August 18, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, today announced that 100% of the warrants from its February private placement have been exercised ahead of their accelerated August 17, 2020 expiration date.A total of 1,500,000 warrants were exercised to acquire common shares of the Company at a price of C$0.33 per warrant. As of the date of this press...
2020-08-18 7:00 AM EDT
UGE Signs Two Rooftop Solar Projects in Maine
New York, New York--(Newsfile Corp. - August 12, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, announces that it has signed agreements with two schools in Maine to develop, build, and finance rooftop solar projects that will provide the schools with cleaner more affordable energy.The two projects are expected to have rated peak capacity of 1.0MW and 0.7MW. Collectively, the projects add US$2.4...
2020-08-12 8:00 AM EDT
UGE Engages Sophic Capital for Capital Markets Advisory
Toronto, Ontario--(Newsfile Corp. - July 15, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, announced today that it has appointed Sophic Capital Inc. ("Sophic Capital" or "Sophic") as its Capital Markets advisor. Sophic Capital is a comprehensive capital markets advisory firm and will focus on increasing investor awareness of UGE by developing a comprehensive communications strategy and...
2020-07-15 7:49 AM EDT
UGE Announces Q2 2020 Project Updates
Toronto, Ontario--(Newsfile Corp. - July 13, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce these operational updates from the second quarter of 2020.The second quarter started off amidst the unprecedented COVID-19 pandemic, which temporarily limited construction progress but failed to slow the Company's momentum in developing new projects, with backlog growing further...
2020-07-13 8:14 AM EDT
UGE Reports First Quarter 2020 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 28, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, reported its financial results for the three months ended March 31, 2020. UGE reports in US dollars.In the first quarter of 2020, UGE continued to make progress in executing on its updated business plan that sees it concentrate on developing, building, and financing most of its projects going forward....
2020-05-28 5:36 PM EDT
UGE Signs Agreements to Develop, Build, and Finance Community Solar Projects in Maine
New York, New York--(Newsfile Corp. - May 28, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce that it has signed three agreements in Maine to develop, build, and finance community solar projects within the state.The three projects are expected to have rated peak capacity of 4.7MW, 1.3MW, and 1.1MW, and are in the towns of Corinth and Monson, and the city of...
2020-05-28 8:00 AM EDT
UGE Reports Audited Fiscal Year 2019 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 5, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, reported its financial results for the year ended December 31, 2019. UGE reports all amounts in US dollars.2019 was a transformative year for UGE, as the Company positioned itself for a stronger future by completing several important transitionary steps. This began to drive stronger results for the Company...
2020-05-05 11:26 PM EDT
UGE Announces Release Date for Audited 2019 Financial Statements and Webinar Details
Toronto, Ontario--(Newsfile Corp. - April 28, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, announces that it plans to release its audited 2019 financial statements on May 5, 2020 after markets close. UGE will host a live webinar the following day, on May 6, 2020 at 2:00pm EDT, to review the results and other recent Company updates. UGE's CEO, Nick Blitterswyk, and CFO, Paul Kania, will...
2020-04-28 10:05 AM EDT
UGE Announces Q1 2020 Updates as Global Solar Experience Tops 400 MW
Toronto, Ontario--(Newsfile Corp. - April 8, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce that its global solar experience has surpassed 400MW, as one of many milestones reached in Q1 2020. The following summarizes the Company's milestones and other updates from Q1 2020. The Company experienced the strongest quarter in its history for new Confirmed Orders, driving a 50%...
2020-04-08 8:30 AM EDT
UGE Closes Financing for Two Community Solar Projects in New York
New York, New York--(Newsfile Corp. - April 2, 2020) - April 2, 2020 (Newsfile.com) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar energy solutions for the commercial and industrial sector, is pleased to announce that it has closed financing and commenced project deployment on two community solar projects in New York, which the Company plans to build to own.The two previously announced rooftop solar projects have a combined rated capacity of...
2020-04-02 1:55 PM EDT
UGE Signs Three Agreements, Including Largest US Project in Company's History
New York, New York--(Newsfile Corp. - March 27, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce that it has signed three agreements to develop, build, and finance solar projects, including the Company's largest US project in its history.First, UGE signed a 6.6MW project in Westchester, NY. The project, on a well-known corporate campus, will take advantage of New York's...
2020-03-27 9:59 AM EDT
UGE Signs Agreement to Develop, Build, Finance Housing Authority Project in Westchester, NY
New York, New York--(Newsfile Corp. - March 26, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce that it has signed agreements with a public housing authority in Westchester, NY to develop, build, and finance a rooftop community solar project on the agency's five buildings.The project will have a total solar capacity of approximately 250kW. The energy produced from the...
2020-03-26 11:03 AM EDT
UGE Announces Closing of Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - February 25, 2020) - UGE International Ltd. (TSXV: UGE) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce that it has completed a non-brokered private placement of 3,000,000 units ("Units") today, with each such Unit consisting of one common share (the "Common Shares") and half of one common share purchase warrant (each whole warrant, a "Unit Warrant") at an issuance price of $0.26 per Unit for...
2020-02-25 5:58 PM EST
UGE Signs Five New Contracts Across All Three Business Units
New York, New York--(Newsfile Corp. - February 20, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce five new contracts recently signed for projects in New York, the Philippines, and Ontario.In New York, UGE and Wildflower signed an agreement for a 100 kW system on the roof of a storage facility in Holbrook, NY as the latest addition to the existing relationship between...
2020-02-20 8:00 AM EST
UGE Signs Agreement to Develop, Build, and Finance Community Solar Project in New York City
New York, New York--(Newsfile Corp. - January 23, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEID) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce it has signed an agreement to develop, build, and finance a community solar project in New York City.The Queens-based project is for a repeat client, which is a fast-growing developer of commercial and industrial buildings in the New York metropolitan area. The client's 30,000...
2020-01-23 8:15 AM EST
UGE Announces 2019 End of Year Updates as Project Deployment Continues to Climb
Toronto, Ontario--(Newsfile Corp. - January 16, 2020) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEID) (the "Company" or "UGE"), a leader in commercial and community solar energy solutions, is pleased to announce the following project updates.US MarketIn Q4 2019, UGE achieved several milestones for its US projects. In New York and New Jersey, deployment started on three sites totaling approximately 600kW, with all three expected to reach commercial operation in Q1 2020. For the two New...
2020-01-16 8:15 AM EST