UGE Announces 1.3 MW Solar Contract with Premier Plaza
Ontario and Cebu City, Philippines--(Newsfile Corp. - February 14, 2019) - UGE International Ltd. (TSXV: UGE) ("UGE" or the "Company"), a global leader in solar energy solutions for the commercial and industrial sector, is pleased to announce it has signed a contract to provide a financed 1.3 MW rooftop solar system for Premier Plaza in Silang, Cavite, the Philippines. The project is expected to be installed over the next six months and will produce over 50% of the mall's...
2019-02-14 8:00 AM EST
UGE Announces Closing of Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - February 8, 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 completed a non-brokered private placement of 4,053,333 units ("Units") today, with each such Unit consisting of one common share in the capital of the Company (the "Common Shares") and half of one common share purchase warrant (each whole warrant, a "Unit...
2019-02-08 5:33 PM EST
UGE Signs Contract to Develop Community Solar Project in New York City
Toronto, Ontario--(Newsfile Corp. - January 10, 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 it has signed a contract to develop a new community solar project in Staten Island, New York. Community Distributed Generation ("CDG") is the fastest growing segment of commercial solar, within which UGE is an industry leader. Having developed the first such project in New...
2019-01-10 8:30 AM EST
UGE Announces to Add Entrepreneur Kristaps Ronka to its Board of Directors
Toronto, Ontario--(Newsfile Corp. - December 17, 2018) - 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 Kristaps Ronka has agreed to join its board of directors effective immediately.Kristaps Ronka is an entrepreneur, investor, and advisor. Mr. Ronka co-founded AdParlor in 2007, a company that in four years became the leader in managing large Facebook Ad campaigns, before...
2018-12-17 5:37 PM EST
UGE Announces it has Reached Several Significant Project Milestones
Toronto, Ontario--(Newsfile Corp. - December 13, 2018) - 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 it has recently achieved several significant project milestones in each of its three key markets. In just the last two months, UGE achieved substantial completion on two rooftop commercial sites in Massachusetts that are...
2018-12-13 7:15 AM EST
UGE Signs Two Financed Contracts with Aquapak
Toronto, Ontario--(Newsfile Corp. - December 11, 2018) - 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 it has signed two financed contracts with Philippine Aquapak Industries, Inc., a leading packaging company in the Philippines.The two projects include 233kW at a production facility and 49.5kW at their head building, which are projected to save the client well over 50% on...
2018-12-11 8:00 AM EST
UGE Announces Final Approval of Debt Conversion, Options Awards
Toronto, Ontario--(Newsfile Corp. - December 7, 2018) - 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 it has received final approval for the final tranche of the debt conversion transactions originally announced on October 3, 2018. The transactions strengthen UGE's financial position by decreasing its debt by $5.25 million. All amounts are expressed in US dollars, unless...
2018-12-07 6:34 PM EST
UGE Announces Corporate Planning Initiatives
Toronto, Ontario--(Newsfile Corp. - December 7, 2018) - 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 it is working on several corporate initiatives as it looks to rebound and achieve stronger results in 2019. The initiatives include:● Identifying additions to its board of directors that can best support the Company going forward;● ...
2018-12-07 9:10 AM EST
UGE International Announces Research Report by US-Based RB Milestone Group
Toronto, Ontario--(Newsfile Corp. - November 20, 2018) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) announces that an analyst's research report has been released by US-based capital markets consulting firm, RB Milestone Group LLC ("RBMG"). The report provides an in-depth overview of the Company's turnkey solar energy solutions to mid and large-scale commercial and industrial customers. It also provides an investment rationale, SWOT analysis, and an overview of the global solar market.A...
2018-11-20 9:28 AM EST
UGE Reports Third Quarter 2018 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 1, 2018) - UGE International Ltd. (TSXV: UGE) (the "Company" or "UGE"), a leader in renewable energy solutions for the commercial and industrial sector, reported its financial results for the three and nine months ended September 30, 2018. UGE reports all amounts in United States dollars.Third Quarter 2018 HighlightsUGE took strategic steps in the third quarter to strengthen its balance sheet and lower its overhead costs, as it positions itself...
2018-11-01 8:30 AM EDT
UGE Announces Closing of Private Placement of Project Green Bonds and Secured Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - October 23, 2018) - 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 completed an offering of secured green bonds (the "Bonds") previously announced on July 30, 2018 (the "Green Bond Offering"). Leede Jones Gable Inc. ("LJG") acted as agent (the "Agent") pursuant to an agency agreement entered into today between the Company and LJG...
2018-10-23 5:20 PM EDT
UGE Nearing Completion of Series of Transactions to Strengthen Balance Sheet and Announces Termination of Equity Offering
Toronto, Ontario--(Newsfile Corp. - October 1, 2018) - 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 it is nearing completion of a series of transactions designed to strengthen its financial position. All amounts are expressed in US dollars, unless otherwise noted.As of September 28, 2018, seven of eight transactions have received approval by the TSX Venture Exchange (the...
2018-10-01 8:30 AM EDT
UGE Reports Second Quarter 2018 Financial Results
Toronto, Ontario--(Newsfile Corp. - August 28, 2018) - UGE International Ltd. (TSXV: UGE) (the "Company" or "UGE"), a leader in renewable energy solutions for the commercial and industrial sector, reported its financial results for the three and six months ended June 30, 2018. UGE reports all amounts in United States dollars.Second Quarter 2018 HighlightsRevenue for the quarter was $3.4 million, which was lower than the comparable period due to delays in certain North American projects. A...
2018-08-28 5:34 PM EDT
UGE Announces Availability of Existing Shareholder Exemption in Equity Offering
Toronto, Ontario--(Newsfile Corp. - August 13, 2018) - 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 existing shareholders will be able to participate in its brokered offering of units (the "Units") to raise up to $1.62 million ($1.863 including over-allotments) previously announced in the Company's press release of July 30, 2018 (the "Offering"). Depending on demand and...
2018-08-13 9:00 AM EDT
UGE Announces Concurrent Offerings of Units and Project Green Bonds
Toronto, Ontario--(Newsfile Corp. - July 30, 2018) - 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 agreement with Leede Jones Gable Inc. ("LJG") pursuant to which LJG will act as lead agent with Haywood Securities Inc. (collectively, the "Agents") to sell, by way of private placement on a commercially reasonable best efforts basis, up to...
2018-07-30 7:08 PM EDT
UGE Leverages Engineering Expertise to Help New Markets Transition to Solar Energy
Toronto, Ontario--(Newsfile Corp. - June 14, 2018) - UGE International Ltd. (TSXV: UGE) ("UGE"), a global leader in solar energy solutions for the commercial and industrial sector, is proud to announce that it has been contracted to provide engineering services on two independent solar portfolios totaling 1.85MW.One portfolio, located across eight properties in Nigeria, includes ground-mounted, rooftop, and container-mounted solar systems, primarily for schools and hospitals. This marks the...
2018-06-14 6:21 PM EDT
Subscriber Enrollment Complete for CleanChoice Energy, Gotham Community Solar and UGE's 1st NYC Community Solar Farm
New York, New York--(Newsfile Corp. - June 6, 2018) - UGE International Ltd. (TSXV: UGE) ("UGE") Subscriber enrollment is complete for the 100-kilowatt Carroll Street Community Solar Farm in Brooklyn. The project — built on a mixed-used commercial building — is among the first rooftop community solar projects in New York City. The large amount of customer interest in the project bodes well for the future of community solar in New York City. The new urban solar model could make...
2018-06-06 8:04 AM EDT
UGE Reports First Quarter 2018 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 15, 2018) - UGE International Ltd. (the "Company" or "UGE") (TSXV: UGE) (OTCQB: UGEIF), a leader in renewable energy solutions for the commercial and industrial sector, reported its financial results for the three months ended March 31, 2018. UGE reports all amounts in US dollars. First Quarter 2018 HighlightsRevenue for the quarter grew 10% to $6.1 million from the same period of the prior year. Revenue was driven by consistent progress on a...
2018-05-15 7:32 AM EDT
UGE Adds 10 MW to Canada's Installed Solar Capacity in Q1, Announces Release Date for Q1 2018 Financials
Toronto, Ontario--(Newsfile Corp. - May 4, 2018) - UGE International Ltd. (TSXV: UGE) ("UGE"), a global leader in solar energy solutions for the commercial and industrial sector, is proud to announce the completion of two large solar portfolios, consisting of 28 sites located throughout Ontario, adding another 10 MW DC to Canada's installed solar PV capacity. The total capacity marks a new quarterly record for UGE.One portfolio, with a total installed capacity of 3.7 MW, includes 17 rooftop...
2018-05-04 8:45 AM EDT
UGE Reports Audited Fiscal Year 2017 Financial Results
Toronto, Ontario--(Newsfile Corp. - March 13, 2018) - 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, 2017. UGE reports all amounts in US dollars.2017 and Fourth Quarter HighlightsUGE grew more than 261% in 2017, as revenue from continuing operations increased to $20,934,836, from $5,807,119 in the prior year. The significant...
2018-03-13 7:45 AM EDT