Talk about misleading Number 2 and number 3 are
Post# of 13168
(Total Views: 149)
Posted On: 04/15/2023 12:19:58 AM
Re: ThreeEmInEn #4310
Talk about misleading
Number 2 and number 3 are the same Durango project which the company clearly explained in the filings. "
SNPW is no a funder of the project or the Primary partner.
Section 8 – Other Events
On May 7, 2021, Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”) presented the finance partner on the Durango Mexico 50-megawatt photovoltaic facility (the “Project”), with a $40 million dollar commitment letter for a Bank Guarantee/Standby Letter of Credit on behalf of the EPC partner as security for permanent financing on the Project. Although this does not obligate the Company in anyway nor does it guarantee that the Project will be financed and completed, management believes this to be a positive step in securing the role of National Mechanical Corp. in the Project.
Number one (Medreycler-RI) per information provided at the RI-DEM public meeting was fully finance and failed not because of the company not having a funder but because RI-DEM reversed their intent to approve.
2251 Curtis road Elba AL the site of the Sun Pacific Power and IST. project is under contract for 2.9 million.
Number 2 and number 3 are the same Durango project which the company clearly explained in the filings. "
SNPW is no a funder of the project or the Primary partner.
Section 8 – Other Events
On May 7, 2021, Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”) presented the finance partner on the Durango Mexico 50-megawatt photovoltaic facility (the “Project”), with a $40 million dollar commitment letter for a Bank Guarantee/Standby Letter of Credit on behalf of the EPC partner as security for permanent financing on the Project. Although this does not obligate the Company in anyway nor does it guarantee that the Project will be financed and completed, management believes this to be a positive step in securing the role of National Mechanical Corp. in the Project.
Number one (Medreycler-RI) per information provided at the RI-DEM public meeting was fully finance and failed not because of the company not having a funder but because RI-DEM reversed their intent to approve.
2251 Curtis road Elba AL the site of the Sun Pacific Power and IST. project is under contract for 2.9 million.
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