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Westbridge Renewable Provides Supplemental Information Regarding 1.4 GW Sale of Five Alberta Solar Projects

Newswire.ca - Mon Jun 5, 2023

TORONTO, June 5, 2023 /CNW/ - Westbridge Renewable Energy Corporation, a Canada-based renewable energy company (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge Renewable" or the "Company") provides supplemental information to its press release entitled "Westbridge Renewable Reaches Definitive Agreements with MYTILINEOS to Monetize 1.4 GW Alberta Solar PV Portfolio" issued on June 1, 2023 (the "Initial Press Release") regarding the entering into of the arms' length definitive agreements (each a "Share Purchase Agreement") in connection with the purchase by Metka-EGN Ltd. ("Metka") (a subsidiary of MYTILINEOS Energy & Metals (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) ("MYTILINEOS")) of all the issued and outstanding shares of each of the following subsidiaries of Westbridge: Georgetown Solar Inc. ("Georgetown"), Red Willow Solar Inc. ("Red Willow"), Eastervale Solar Inc. ("Eastervale"), Dolcy Solar Inc. ("Dolcy"), and Sunnynook Solar Energy Inc. ("Sunnynook") (collectively, the "SPVs") (the "Transaction").

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