ReVolve Renewable Power Corp (TSE:REVV) has released an update.
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ReVolve Renewable Power Corp has issued 335,784 Deferred Share Units (DSUs) to its directors, which will vest in one year and can be converted to shares or cash upon a director’s departure. The DSUs are part of a compensation strategy to replace cash payments for director’s fees, set at C$0.30 per share for Q3 2024. ReVolve, known for developing renewable energy projects and aiming for a 5,000MW development target, continues to grow its portfolio in North America with a strong focus on utility-scale and distributed generation assets.
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