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on Revolve Renewable Power Corp. (CVE:REVV)

Revolve Renewable Power Corp. Expands Distributed Generation Portfolio in Mexico

Revolve Renewable Power Corp. has signed definitive agreements for nine new solar projects in Mexico, adding 2.4 MW to its existing energy portfolio. This move boosts Revolve's distributed generation assets, currently at 6.05 MW, with an additional 2.8 MW under construction with RER Energy. The newly announced projects are expected to yield an annual revenue between US$370,000 to US$843,000 and an EBITDA ranging from US$296,000 to US$676,000.

These projects will cater to a manufacturing company in Mexico, secured under a 20-year Power Purchase Agreement (PPA). The capital investment for these projects is estimated at US$1.9 million, funded by company resources and project-level debt. Construction for the first phase commences this month, with completion targeted for September 2026.

Revolve continues its evaluation of distributed generation opportunities in other regions, notably the United States, which boasts a growing solar market. The company aims to leverage its experience and operational model for further expansion.

R. E.

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