#Clean Energy #Canada #Calgary #Westbridge Renewable #CAD 0.20 Dividend

Westbridge Renewable Energy Announces Special Cash Dividend

Westbridge Renewable Energy Corp. recently declared an anticipated cash dividend of CAD 0.20 per share, reflecting its commitment to returning value to shareholders. This announcement was made by the company’s Board of Directors on September 23, 2025, and is based on its financial performance and upcoming strategic projects.

Key Dividend Details

The cash dividend will benefit shareholders of record as of October 3, 2025, with distribution scheduled around October 17, 2025, pending approval from the TSX Venture Exchange. The overall payout totals approximately CAD 5,057,000. It is categorized as a special dividend, following a previous payment of CAD 0.10 per share given in June 2024.

This decision underscores Westbridge's financial strength while allowing it to maintain flexibility for future growth. The management, including CEO Stefano Romanin, expressed confidence in the company’s prospects, stating that this one-time distribution showcases their positive outlook on financial performance, particularly relating to upcoming initiatives in various strategic locations.

Strategic Context

The recent dividend announcement follows careful consideration of the company's cash position and growth strategies. Westbridge has been actively involved in enhancing its development portfolio, particularly in Ontario, aiming to secure a leading role in one of Canada's pivotal power markets. Moreover, the company is exploring data center projects in the U.S. to diversify its operations and connect with the burgeoning AI sector, which increasingly demands sustainable and reliable energy sources.

Romanin emphasized that while this special dividend is a significant milestone, the board is open to further dividends in the future, dependent on the cash flow generated by ongoing and new projects. He stated, "We believe in delivering returns to our shareholders without compromising our ability to grow."

Overview of Westbridge Renewable Energy

Westbridge Renewable Energy is recognized for its role in developing, operating, and monetizing large-scale solar photovoltaic (PV) projects and battery energy storage systems. The company boasts a diversified portfolio across Canada, the U.S., the U.K., and Italy, strongly positioning itself in various renewable energy markets. With over 40 development projects completed worldwide, the company aims to deliver sustainable energy solutions that contribute to growing energy demands and reliability.

Investors can look forward to potential future dividends as Westbridge navigates through growth opportunities and continues to develop its project pipeline. For further detailed updates and news about the company’s activities, stakeholders and interested individuals can visit their official site at www.westbridge.energy.

Conclusion

The announcement of a CAD 0.20 dividend is a clear indication of Westbridge Renewable Energy's strong financial positioning and dedication to enhancing shareholder value. As the company progresses with its initiatives, the commitment to maintaining high standards in clean energy production remains central to its strategic vision. With continued developments in both traditional and emerging energy markets, the future looks promising for Westbridge and its stakeholders.