#Canada #Toronto #Energy Projects #Westbridge Renewable #Amalgamation

Westbridge Renewable Energy Successfully Completes Vertical Amalgamation

On March 10, 2026, Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) announced the successful completion of a vertical short form amalgamation with its fully-owned subsidiary, Westbridge Renewable Energy Holding Corp. This move is part of the company's strategic efforts to streamline its corporate structure and enhance operational efficiency.

The consolidation is designed to reduce administrative costs and simplify procedures within the organization. However, it is essential to note that there will be no changes to the company’s share capital, and no securities will be issued as a result of this amalgamation. All shares issued and outstanding in the subsidiary will be canceled, and the assets, liabilities, and obligations of the subsidiary will now rest with Westbridge itself. Importantly, this integration is not expected to significantly affect the business operations of the Company, and its common shares will continue to be available on the TSX Venture Exchange.

About Westbridge Renewable Energy Corporation

Westbridge Renewable Energy stands as a pioneer in developing utility-scale solar photovoltaic (PV) projects and battery energy storage solutions. With an impressive portfolio extending across Canada, the United States, the United Kingdom, and Italy, Westbridge is dedicated to delivering long-term returns for its stakeholders while responding to the pressing demand for reliable energy solutions.

The management team behind Westbridge has an extensive track record marked by over 40 projects worldwide, positioning the company uniquely as one of the few publicly listed entities focusing purely on international solar and battery energy storage developments. By emphasizing early-stage project development, Westbridge enables investors to tap into greenfield initiatives, yielding potential value across the entire development lifecycle.

Westbridge aims to support evolving energy demands and ensure grid reliability in its operational territories. This amalgamation is also anticipated to lay a sturdy foundation for future growth and innovative energy solutions, bringing greater consistency and focus to the Company’s operational strategies. As the world increasingly pivots toward renewable energy, Westbridge is strategically positioned to meet these evolving needs with its committed approach to sustainability and cutting-edge technology.

For further details, please visit Westbridge’s official website or connect through their social media channels on Twitter and LinkedIn.

In conclusion, as Westbridge Renewable Energy continues to navigate the complexities of the renewable energy sector, this amalgamation represents a significant step towards enhancing its operational capabilities, ensuring it meets the growing electricity demands of the future while simultaneously focusing on delivering cleaner energy solutions to its stakeholders.