Finavera Wind Energy (FNVRF) 0.0685 $FNVRF
Finavera Solar Energy Changes Name to Solar Alliance Energy
ACCESSWIRE - Fri Jan 29, 12:50PM CST
VANCOUVER, BC AND SAN DIEGO, CA / ACCESSWIRE / January 29, 2016 / Finavera Solar Energy Inc. ("Finavera Solar Energy," "Finavera," or the "Company"
(TSXV: FVR, OTC: FNVRF) is pleased to announce that it has received TSX Venture Exchange (the "TSX-V" acceptance regarding the changing of its name from "Finavera Solar Energy Inc". to "Solar Alliance Energy, Inc." which is to be effective on February 1, 2016.
Finavera Receives Final Payment for Cloosh Valley Wind Project
ACCESSWIRE - Fri Jan 08, 8:00AM CST
VANCOUVER, CANADA AND SAN DIEGO, CA / ACCESSWIRE / January 8, 2016 / Finavera Solar Energy Inc. ("Finavera Solar Energy," "Finavera" or the "Company" (TSX-V: FVR, OTC: FNVRF) is pleased to announce the Cloosh Valley Wind Project in Ireland has reached financial close thereby triggering a final EUR7.14 million of consideration (approximately $10.9 million CAD) as per the Co-Development Agreement with SSE plc (LSE:SSE) and Coillte, the Irish, state owned commercial forestry and renewables company, announced August 25th, 2010 and subsequently amended in July 2014.
SSE: 0.16 (-0.01)
Finavera Arranges Loan for Solar Alliance Acquisition
M2 - Thu May 28, 8:44AM CDT
Finavera Wind Energy Inc. ('Finavera Wind Energy', 'Finavera' or the 'Company' (TSX-V: FVR) is pleased to announce that it has received approval from TSX Venture Exchange and closed a secured loan facility for EUR3,757,000 (approximately $5,080,000 CAD) from a consortium of lenders through the Company's subsidiary, Finavera Renewables Ireland Limited ('Finavera Renewables', in order to complete the acquisition of Solar Alliance of America, a residential solar sales and marketing firm ('Solar Alliance', and for general working capital. As previously announced, Finavera will acquire Solar Alliance for 11,915,238 shares of the Company and contingent payments of up to $4 million USD in cash comprised of up to four instalments of $1 million USD, subject to certain closing conditions. This loan facility will allow the Company to scale up Solar Alliance's operations in California though an increased sales presence and additional installation and financing partnerships. The loan has a one year term and is repayable from the EUR7.14 million (approximately $9.64 million CAD) of proceeds from the sale of the Cloosh Valley Wind Project, expected in 2015.
FVR.VN: 0.060 (unch)
Finavera Solar Energy Changes Name to Solar Alliance Energy
ACCESSWIRE - Fri Jan 29, 12:50PM CST
VANCOUVER, BC AND SAN DIEGO, CA / ACCESSWIRE / January 29, 2016 / Finavera Solar Energy Inc. ("Finavera Solar Energy," "Finavera," or the "Company"
(TSXV: FVR, OTC: FNVRF) is pleased to announce that it has received TSX Venture Exchange (the "TSX-V" acceptance regarding the changing of its name from "Finavera Solar Energy Inc". to "Solar Alliance Energy, Inc." which is to be effective on February 1, 2016. Finavera Receives Final Payment for Cloosh Valley Wind Project
ACCESSWIRE - Fri Jan 08, 8:00AM CST
VANCOUVER, CANADA AND SAN DIEGO, CA / ACCESSWIRE / January 8, 2016 / Finavera Solar Energy Inc. ("Finavera Solar Energy," "Finavera" or the "Company"
(TSX-V: FVR, OTC: FNVRF) is pleased to announce the Cloosh Valley Wind Project in Ireland has reached financial close thereby triggering a final EUR7.14 million of consideration (approximately $10.9 million CAD) as per the Co-Development Agreement with SSE plc (LSE:SSE) and Coillte, the Irish, state owned commercial forestry and renewables company, announced August 25th, 2010 and subsequently amended in July 2014. SSE: 0.16 (-0.01)
Finavera Arranges Loan for Solar Alliance Acquisition
M2 - Thu May 28, 8:44AM CDT
Finavera Wind Energy Inc. ('Finavera Wind Energy', 'Finavera' or the 'Company'
(TSX-V: FVR) is pleased to announce that it has received approval from TSX Venture Exchange and closed a secured loan facility for EUR3,757,000 (approximately $5,080,000 CAD) from a consortium of lenders through the Company's subsidiary, Finavera Renewables Ireland Limited ('Finavera Renewables', in order to complete the acquisition of Solar Alliance of America, a residential solar sales and marketing firm ('Solar Alliance', and for general working capital. As previously announced, Finavera will acquire Solar Alliance for 11,915,238 shares of the Company and contingent payments of up to $4 million USD in cash comprised of up to four instalments of $1 million USD, subject to certain closing conditions. This loan facility will allow the Company to scale up Solar Alliance's operations in California though an increased sales presence and additional installation and financing partnerships. The loan has a one year term and is repayable from the EUR7.14 million (approximately $9.64 million CAD) of proceeds from the sale of the Cloosh Valley Wind Project, expected in 2015. FVR.VN: 0.060 (unch)
