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The latest update is out from ReVolve Renewable Power Corp ( (TSE:REVV) ).
Revolve Renewable Power Corp announced a financial partnership with Export Development Canada (EDC), securing an Account Performance Security Guarantee facility of US$2,900,000. This facility aids in financial security for the Primus Wind Project in the U.S. and the Tamihi Creek Hydro Project in British Columbia by allowing Revolve to issue letters of credit without cash collateral, thus freeing up working capital for further project development and enhancing export growth opportunities.
More about ReVolve Renewable Power Corp
Revolve Renewable Power Corp is a North American company engaged in owning, operating, and developing renewable energy projects. Their market focus includes wind and hydro energy projects, with operations in the United States and Canada.
YTD Price Performance: 0%
Average Trading Volume: 24,669
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$14.57M
Find detailed analytics on REVV stock on TipRanks’ Stock Analysis page.