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Westbridge Renewable Energy Transition to Luxembourg

Westbridge Renewable Energy S.A., formerly known as Westbridge Renewable Energy Corp., has announced the successful completion of a pivotal transition to Luxembourg. This change comes after overwhelming support from its shareholders during the annual and special meeting held on April 7, 2026, where the company sought to approve its continuation from the Province of British Columbia to the Grand Duchy of Luxembourg. The total representation at the meeting reached 14,477,633 common shares, accounting for approximately 55.26% of the company’s total issued and outstanding shares.

Shareholder Approval and Voting Results

During this significant meeting, all proposed resolutions, including the continuation, received an impressive endorsement, with more than 99% of votes cast in favor. The shareholders' approval marks a new chapter for Westbridge as it repositions itself within the European renewable energy sector. The transition officially went into effect on April 8, 2026, enabling Westbridge to operate as a public limited company (société anonyme) under its new designation.

This strategic move aligns with Westbridge’s commitment to enhancing its operational flexibility while broadening its appeal to international investors. Furthermore, the company’s legal identity change reinforces its standing and obligations, providing significant long-term benefits.

Name Change and Market Presence

With the completion of this transition, Westbridge’s name has officially changed from Westbridge Renewable Energy Corporation to Westbridge Renewable Energy S.A. Although the name change is subject to final approval from the TSX Venture Exchange (TSXV), it has been provisionally accepted and allows the company to maintain its existing trading symbols on multiple exchanges, including the TSXV, OTCQX, and Frankfurt Stock Exchange.

The company reassures stakeholders that it will continue to fulfill its role as a Canadian reporting issuer, thus maintaining transparency and accountability in its operations. Shareholders can expect no disruption in trading as the company transitions to its new corporate structure.

New Board Members and Leadership

As part of this transition, Westbridge Renewable Energy welcomes two new independent directors, Riccardo del Tufo and Flora Nachawati, onto its board, as voted on during the same meeting. Their addition aims to enhance corporate governance and bring fresh perspectives to the company’s strategic direction. The leadership team, under CEO Stefano Romanin, emphasizes a forward-thinking approach, focusing on expanding the company's renewable energy projects and enhancing shareholder value.

Company Vision and Future Prospects

Westbridge Renewable Energy specializes in developing and operating large-scale solar photovoltaic (PV) projects and battery energy storage solutions. With a diverse portfolio spanning across Canada, the United States, the United Kingdom, and Italy, the company is positioned to meet the increasing demand for sustainable energy solutions. By leveraging its international projects, Westbridge aims to deliver appealing long-term returns while supporting grid reliability and clean energy initiatives worldwide.

Management brings a wealth of experience, having developed over 40 projects through various stages of development. This extensive knowledge base equips the company to navigate the complexities of the energy market effectively, enabling investors to capitalize on the growth of renewable energy sectors at the earliest stages.

As the energy landscape evolves, Westbridge is dedicated to delivering innovative and reliable renewable energy solutions. The completion of its transition to Luxembourg marks a significant milestone in the company’s evolution, reflecting a commitment to adapting to market demands and fulfilling its obligations to shareholders and communities alike.

For further details, stakeholders are encouraged to visit Westbridge's official website at www.westbridge.energy or connect through their social media platforms. This corporate update illustrates Westbridge Renewable Energy’s proactive approach and strategic foresight as it embarks on a bold new chapter in its sustainability journey.