UGE Adds Additional Solar Site to Previously Announced Portfolio for Philippines Client
New York, New York--(Newsfile Corp. - January 9, 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 signing of an additional project for a repeat client in the Philippines. The portfolio is now UGE's largest portfolio outside of North America. The client is The Robin Group ("Robin"), a leading toy manufacturer for both the domestic and export markets.UGE contracted an...
2020-01-09 8:30 AM EST
UGE Reports Third Quarter 2019 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 14, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar energy solutions for the commercial and industrial sector, reported its financial results for the three and nine months ended September 30, 2019. UGE reports all amounts in US dollars.In the third quarter of 2019, UGE showed continued progress in its transition towards higher margin, self-developed projects in the US and Philippines. Several...
2019-11-14 7:00 PM EST
UGE Engineering Signs Contract to Provide Services to 18MW Portfolio in New York State
Toronto, Ontario--(Newsfile Corp. - October 25, 2019) - 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 it has secured an engineering services contract supporting the development and detailed design of four ground-mount community solar projects in New York State totaling 18MW AC in rated capacity. The contract is expected to be fulfilled by the end of 2019.UGE...
2019-10-25 10:43 AM EDT
UGE Closes Financing for Two Commercial Rooftop Projects in New Jersey
New York, New York--(Newsfile Corp. - October 23, 2019) - 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 commercial rooftop projects in New Jersey that it will build to own.The two projects in Montvale, New Jersey will provide clean, affordable energy to the buildings they serve over a 25-year...
2019-10-23 12:25 PM EDT
UGE Announces Fall 2019 Updates as Project Delivery Ramps Up
Toronto, Ontario--(Newsfile Corp. - October 9, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar solutions for the commercial and industrial sector, is pleased to announce the following project updates.US MarketThe US market represents approximately 70% of UGE's current project backlog, after seeing accelerated activity in recent quarters. As the Company prepares to start construction on multiple projects, UGE procured over 4MW of solar...
2019-10-09 9:18 AM EDT
UGE Reports Second Quarter 2019 Financial Results
Toronto, Ontario--(Newsfile Corp. - August 27, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar energy solutions for the commercial and industrial sector, reported its financial results for the three and six months ended June 30, 2019. UGE reports all amounts in US dollars.In the second quarter of 2019, UGE showed significant progress in its transition towards higher margin, self-developed projects in the US and Philippines. A number of...
2019-08-27 7:24 PM EDT
UGE Announces New Hires as Business Gains Momentum in Growth Markets
Toronto, Ontario--(Newsfile Corp. - August 1, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar solutions for the commercial and industrial sector, is pleased to announce the following staffing changes based on growing volumes of business in the US and the Philippines.Joining as the Managing Director of UGE Philippines is Enrique "Kits" Chuidian, Jr. Mr. Chuidian is a seasoned executive with over 20 years of leadership and entrepreneurial...
2019-08-01 1:15 PM EDT
UGE Wins Contract with Primepack Technologies to Build and Finance 310kW Solar System
Toronto, Ontario--(Newsfile Corp. - July 26, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar solutions for the commercial and industrial sector, is pleased to announce that it has signed a contract with new client, Primepack Technologies, to deploy a financed 310kW rooftop solar project.Primepack is a leading provider of plastic packaging products for the electronics, data storage, semiconductor, automotive and medical industries, based in...
2019-07-26 2:50 PM EDT
UGE Announces Summer Project Updates, Including Final Completion on its Largest Portfolio to Date
Toronto, Ontario--(Newsfile Corp. - July 23, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar solutions for the commercial and industrial sector, is pleased to announce the following project updates.CanadaUGE reached final completion on all 15 sites in the Peterborough portfolio, meaning that the full 9MW portfolio is now complete. As previously disclosed, the portfolio is the Company's largest to date.Within the last three months, UGE also...
2019-07-23 9:37 AM EDT
UGE Signs Contract to Deploy Solar & Energy Storage Portfolio in NYC
New York, New York--(Newsfile Corp. - July 9, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF), a leader in solar solutions for the commercial and industrial sector, is pleased to announce that it has signed a contract with New York City's Economic Development Corporation (NYCEDC) to deploy a portfolio of solar and energy storage microgrid projects in New York City.Deployment is the final stage of a post-recovery project that UGE was awarded in the aftermath of Hurricane Sandy, and...
2019-07-09 8:00 AM EDT
UGE Announces Entry into Voluntary Share Lock-Up Agreement with Key Shareholders Representing 45% of Shares Outstanding
Toronto, Ontario--(Newsfile Corp. - June 10, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar solutions for the commercial and industrial sector, is pleased to announce that it has entered into voluntary lock-up agreements with the following shareholders, representing 45% of shares outstanding.The individuals include UGE's CEO, Nick Blitterswyk, co-founders Xiangrong Xie and Yun Liu, and the general manager of UGE's former wind subsidiary,...
2019-06-10 8:00 AM EDT
UGE Reports First Quarter 2019 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 28, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar energy solutions for the commercial and industrial sector, reported its financial results for the three months ended March 31, 2019. UGE reports all amounts in US dollars.The first quarter of 2019 saw UGE continue to reposition itself for future success. The Company has been shifting its focus from engineering, procurement and construction ("EPC")...
2019-05-28 6:30 PM EDT
UGE Announces Contract to Provide 259kW Solar System to New Client, M L'Huillier
Cebu, the Philippines--(Newsfile Corp. - May 22, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in providing solar solutions to the commercial and industrial sector, is pleased to announce that it has signed a contract with new client, M L'Huillier, to deploy a solar system for a food processing plant. M L'Huillier is a Philippines-based conglomerate with business segments in food, retail, and restaurants.This initial solar project has a rated...
2019-05-22 8:00 AM EDT
UGE Announces Project Updates, Including Completion of Additional Project Milestones
Toronto, Ontario--(Newsfile Corp. - May 15, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar solutions for the commercial and industrial sector, is pleased to announce the following project updates.Canada UGE reached substantial completion on the last four sites of its Peterborough portfolio earlier this month, meaning that the full 15-site, 9MW portfolio is now operational. The portfolio is the Company's largest to date."Building solar...
2019-05-15 8:00 AM EDT
UGE Selected to Build 374kW Solar Project for Oroquieta Bayfront Park & Arena
Cebu, Philippines--(Newsfile Corp. - May 9, 2019) - 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 signed a contract to design and build a 374kW solar system on the rooftop of a new stadium being built in Oroquieta City, Mindanao, Philippines.Oroquieta Bayfront Park and Arena is a new multi-use development on the island of Mindanao, Philippines,...
2019-05-09 8:00 AM EDT
UGE Reports Audited Fiscal Year 2018 Financial Results
Toronto, Ontario--(Newsfile Corp. - April 30, 2019) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in solar energy solutions for the commercial and industrial sector, reported its financial results for the year ended December 31, 2018. UGE reports all amounts in US dollars.2018 and Fourth Quarter HighlightsIn 2018, the Company took steps to transition away from solar EPC revenue, and to growing its project development business, in order to achieve...
2019-04-30 10:09 PM EDT
UGE Wins Three-Site Solar Rooftop Portfolio with Repeat Philippines Client, Expects Further Sites to be Added
New York, New York--(Newsfile Corp. - April 15, 2019) - 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 the signing of a three-site, 1.1MW solar rooftop portfolio for a repeat client (the "Client"). UGE is also in late stage conversations with the same client to add three additional projects to the portfolio, including what would be one of the largest rooftop...
2019-04-15 12:59 AM EDT
UGE Provides Update on its Largest US Project as it Enters Next Phase
New York, New York--(Newsfile Corp. - March 28, 2019) - 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 an update regarding the five-site rooftop solar portfolio that it was awarded on August 13, 2018.This is the largest US-based project in UGE's history, with an estimated total revenue in excess of CAD$11 million. The project includes the development, engineering,...
2019-03-28 8:00 AM EDT
UGE Announces Second Offering of Project Green Bonds
Toronto, Ontario--(Newsfile Corp. - March 6, 2019) - UGE International Ltd. (TSXV: UGE) (the "Company" or "UGE"), a leader in renewable energy solutions for the commercial and industrial sector, is pleased to announce that it has entered into an engagement letter (the "Engagement Letter") with Leede Jones Gable Inc. ("LJG" or the "Agent") pursuant to which LJG will act as agent to sell, by way of offering memorandum on a commercially reasonable best efforts basis, up to 5,000 bonds (the...
2019-03-06 9:00 AM EST
UGE Starts 2019 Strong with the Completion of Several Solar Milestones
Toronto, Ontario--(Newsfile Corp. - February 28, 2019) - UGE International Ltd. (TSXV: UGE) (the "Company" or "UGE"), a leader in solar solutions for the commercial and industrial sectors, is pleased to announce the completion of several project milestones in its key markets.United StatesThe 505 Carroll St. project, the first community solar project developed in New York City, commenced energy production earlier this month after receiving permission to operate at the end of 2018. The 106kW...
2019-02-28 9:50 AM EST