Company SolarBank Corporation

Equities

SUNN

CA83417Y1088

Renewable Energy Equipment & Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Annual profits - Rate of surprise

Sector Renewable Energy Services

End-of-day quote NEO Exchange Other stock markets 03:30:00 29/05/2024 am IST			5-day change	1st Jan Change
7.3 ^CAD	-8.18%		-12.05%	+15.87%

14/05	Earnings Flash (SUUNF) SOLARBANK CORPORATION Posts Q3 EPS C$0.09	MT
14/05	CORRECTION Earnings Flash (SUUNF) SOLARBANK CORPORATION Reports Q3 Revenue C$24.0M	MT

SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the United States. The Company is engaged in the development, construction, and operation of solar photovoltaic (PV) power generation projects, battery energy storage systems, and electric vehicle (EV)-charging projects in Canada and the United States. The Company develops solar projects that sell electricity to utilities, commercial, industrial, municipal, and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple solar markets, including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 70 megawatts built. The Company is also engaged in other clean and renewable technologies.

Number of employees: 15

CAD in Million	2023	Weight	Delta
Engineering, Procurement,and Construction Services 84.7 %	16	84.7 %	-
Development Fees 14.8 %	3	14.8 %	-
Operation and Maintenance Services 0.5 %	0	0.5 %	-

CAD in Million	2023	Weight	Delta
United States 91.2 %	17	91.2 %	-
Canada 8.8 %	2	8.8 %	-

Managers	Title	Age	Since
Richard Lü FOU	Founder	61	23/13/23
Sam Sun DFI	Director of Finance/CFO	41	-
Andrew van Doorn COO	Chief Operating Officer	54	01/20/01
Xiao Hong Zheng ADM	Chief Administrative Officer	51	01/17/01

Members of the board	Title	Age	Since
Richard Lü FOU	Founder	61	23/13/23
Paul Sparkes BRD	Director/Board Member	60	03/22/03
Olen Aasen BRD	Director/Board Member	41	03/22/03
Paul Ivan Pasalic BRD	Director/Board Member	44	03/22/03

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	27,191,075	17,630,009 ( 64.84 %)	0	64.84 %

Name	Equities	%	Valuation
Kyle R. Washington 9.397 %	2,550,000	9.397 %	15 M $
Topper Holdings Ltd. 5.731 %	1,555,084	5.731 %	9 M $
Jung Evelyn 5.679 %	1,541,103	5.679 %	9 M $
Bc Ltd. /1382457/ 5.528 %	1,500,000	5.528 %	9 M $
Bc Ltd. /1275203/ 5.080 %	1,378,603	5.080 %	8 M $
Richard Lü 2.960 %	803,146	2.960 %	5 M $
Olen Aasen 0.5528 %	150,000	0.5528 %	888 000 $
Paul Ivan Pasalic 0.1953 %	53,000	0.1953 %	313 760 $
Andrew van Doorn 0.0761 %	20,657	0.0761 %	122 289 $
Sam Sun 0.0645 %	17,500	0.0645 %	103 600 $

SolarBank Corp.

505 Consumers Road Suite 803

M2J 4Z2, Toronto

+416-494-9559

http://solarbankcorp.com

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.3 CAD

Average target price

14 CAD

Spread / Average Target

+91.78%

Consensus

Company calendar

Renewable Energy

Renewable Energy

Renewable Energy Equipment & Services

Renewable Energy Services

	1st Jan change	Capi.
SOLARBANK CORPORATION	+15.87%	14Cr
AMERESCO, INC.	+12.98%	178.74Cr
OX2 AB	+8.02%	151.43Cr
MEGA FIRST CORPORATION	+30.89%	97Cr
BONHEUR ASA	-2.89%	95Cr
HD RENEWABLE ENERGY CO., LTD.	+29.50%	53Cr
DORAL GROUP RENEWABLE ENERGY RESOURCES LTD	+27.04%	51Cr
ENERGÍA, INNOVACIÓN Y DESARROLLO FOTOVOLTAICO, S.A.	+8.80%	44Cr
ESENBOGA ELEKTRIK ÜRETIM	+23.88%	17Cr
SOLAER RENEWABLE ENERGIES LTD	+4.29%	12Cr

Renewable Energy Services