Westbridge Renewable Energy has closed the sale of its 230 MW Vulcan County, Alberta solar power plant project to a subsidiary of MYTILINEOS Energy & Metals, as announced in early June.
The transaction was completed via the sale of all issued and outstanding shares of Georgetown Solar. Westbridge satisfied the conditions for the transaction, including regulatory approvals from the Alberta Utilities Commission for the construction, operation and interconnection of the project to the Alberta Interconnected Electric System and the TSX Venture Exchange.
The company received C$47,564,002 at closing. MYTILINEOS paid 3% of the estimated base purchase price at signing, with 92% of the estimated purchase price paid at closing. The balance of the purchase price is expected to be paid when the project reaches commercial operation.
“We are delighted to announce the closing of the Georgetown Project,” says Stefano Romanin, CEO and director of Westbridge. “This marks a pivotal milestone in the progress of our company as it is the company’s first project being monetized, realizing our strategic vision. It stands as a testament not only to our team’s dedication but to the solid business model executed over the past few years.”
“We are thrilled to announce the successful closing of the Georgetown Project, an important first step of entry into Canada,” adds MYTILINEOS’ Nikos Papapetrou. “Georgetown marks the closing of the first of five Alberta projects strategically poised for progression towards commercial energy production.”
Westbridge continues to retain ownership and is continuing to advance the projects of each of its other subsidiaries.
The post Westbridge, MYTILINEOS Close on Vulcan County Project appeared first on Solar Industry.
Renewable Energy
Here’s How to Clean Away a Messy Toilet Using Today’s Incredible Technology
I’ve never seen a toilet this soiled by diarrhea. But thankfully, there are now products that use pressurized steam to clean messes like this more-or-less instantly.
Apparently, they’re selling like hotcakes, but only to people incapable of asking themselves, “Where does all this fecal matter actually go? Does it seem like a good idea to blast it all over the bathroom? And if the bathroom door’s not closed, all over the house?”
Here’s How to Clean Away a Messy Toilet Using Today’s Incredible Technology
Renewable Energy
Home Schooling Is a Bit Controversial
In an average month, I meet at least one person who is homeschooling their child. I’m always tempted to ask about their reasoning, but I don’t, as it would bring up politics in at least 90% of cases, and I don’t like to alienate people by putting them on the defensive.
They probably know that homeschooling comes at a cost in terms of depriving the kid of the socialization that comes along with being surrounded with children their own age, but they believe they are protecting their kid from the multiplicity of dangers in public, and perhaps worse, private schools, starting with required vaccinations, then continuing into indoctrination into godlessness, socialism, science, and questioning the morality of America.
Obviously, as U.S. citizens, we have an extremely broad range of rights when it comes to how we raise our children. If we keep them fed and get them medical treatment when required, we’re home free.
If I had any inclination whatsoever to challenge these people, I’d ask about their proficiency with history, writing, and math. Even the common MAGA parent can teach his kid to read at a basic level and get through the multiplication tables, but how well is he equipped to take on geometry and the developments made by the Sumerians?
Clearly, such a discussion on this topic could get ugly very quickly.
Renewable Energy
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To me, a pride flag says, “We accept LGBTQ people, and we bear them no malice.”
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