SolarBank Corporation announced a significant 217% increase in revenue for the fiscal year ended June 30, 2024, reaching $58.4 million compared to $18.4 million in the previous year. The company attributes this growth to expanding its Independent Power Producer (IPP) portfolio through acquisitions and ongoing project development. Despite a net loss for the year, SolarBank highlights several non-recurring expenses and an impairment loss as contributing factors, emphasizing the positive trajectory of its core business.
Results for: Project Development
Jonathan Katz, a prominent figure in EPC contracts for energy and infrastructure projects, has joined Latham & Watkins in Houston as a partner in the Project Development & Finance Practice. With extensive experience across the full spectrum of project development, Katz strengthens Latham’s position as a leading firm for project development and finance matters, offering comprehensive solutions to clients.
DispatchEnergy, a newly launched vertically integrated project developer and independent power producer, is ready to revolutionize the energy industry with a focus on distributed, resilient, and cost-effective solutions. Led by an experienced team and backed by a $20 million investment, the company is poised to deliver scalable energy solutions to commercial and industrial clients.