Westbridge Renewable Energy Sets August 22 for Share Consolidation Amid Growth Strategy

Westbridge Renewable Energy Announces Share Consolidation



Westbridge Renewable Energy Corp. (TSXV: WEB, OTCQX: WEGYF, FRA: PUQ) is geared up for a significant step in its corporate strategy. The company has set August 22, 2025, as the effective date for the upcoming consolidation of its common shares. This consolidation will take place at a ratio of one post-consolidation share for every four pre-consolidation shares, which is expected to streamline the stock structure and pave the way for increased institutional investment.

As a trailblazer in utility-scale renewable energy and infrastructure, Westbridge's move is indicative of its commitment to enhancing its position in the capital markets. Following this adjustment, the number of issued and outstanding shares will be reduced from approximately 101 million to around 25 million, not accounting for fractional shares.

Enclosed in this announcement are letters of transmittal that will be dispatched to all registered shareholders. For a seamless transition, shareholders will need to submit their existing share certificates to Computershare Trust Company of Canada, along with a duly completed letter of transmittal. Upon their submission, shareholders will receive new certificates representing their post-consolidation shares. It is essential to note that no fractional shares will be issued due to the consolidation; any fractions will be rounded down to ensure compliance with normal TSX Venture Exchange policies.

Westbridge sees this consolidation as a strategic measure designed to boost trading liquidity and attract a broader range of institutional investors, thereby fortifying its long-term capital market ambitions. Stefano Romanin, CEO of Westbridge, stated, "This share consolidation is a strategic step that supports Westbridge's broader growth trajectory and enhances our profile in public capital markets."

Westbridge Renewable Energy operates a diverse portfolio of utility-scale solar PV projects, alongside stand-alone battery energy storage initiatives in key markets—Canada, the U.S., the U.K., and Italy. Their mission is to deliver sustainable energy solutions amid a growing demand for reliable electricity while also ensuring a solid return on investment over the long term.

With a commendable track record of successfully managing over 40 development projects worldwide, the company stands as a unique player in the renewable energy sector that focuses solely on international solar and energy storage solutions from the ground up. By offering investors access to early-stage development projects, Westbridge is set to capitalize on the increasing global interest in greener and more sustainable energy sources.

This consolidation reflects Westbridge's ongoing endeavor to position itself strategically within the renewable energy landscape, aiming to meet escalating energy demands and improve grid reliability. For anyone looking for comprehensive details on this venture or its future projects, further information can be found on their official website or via their social media channels, such as Twitter and LinkedIn.

In conclusion, as the date of the consolidation approaches, stakeholders are encouraged to stay informed about further developments through official communications from Westbridge Renewable Energy. The company's proactive steps toward enhancing its operational framework within the renewable energy arena could signal increased stability and growth potential, aligning well with global sustainability targets.

Topics Financial Services & Investing)

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