UGE International Ltd. News Releases

UGE International Ltd. Announces Closing of Plan of Arrangement

Fri, 16 Aug 2024 08:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 16, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") is pleased to announce the closing of the previously announced plan of arrangement (the "Arrangement") pursuant to which 1000896425 Ontario Ltd. (the "Purchaser"), an affiliate of NOVA Infrastructure Fund II, LP, acquired, with an effective date of August 15, 2024 (the "Effective Date") all of the issued and outstanding common shares of the Corporation (the "Common...

UGE International Ltd. Provides Update on Closing of Plan of Arrangement

Fri, 09 Aug 2024 08:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 9, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") announces that the closing of its previously announced plan of arrangement (the "Arrangement") with 1000896425 Ontario Ltd. (the "Purchaser"), an affiliate of NOVA Infrastructure Fund II, LP, pursuant to an arrangement agreement (the "Arrangement Agreement"), dated May 28, 2024, is now expected to occur on or about August 14, 2024, as opposed to on or about August 8,...

UGE International Ltd. Announces Securityholder Approval of Going Private Transaction

Wed, 31 Jul 2024 17:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - July 31, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") is pleased to announce that the shareholders of the Company (the "Shareholders"), holders of the Company's compensation warrants (the "Warrantholders"), and holders of the Company's convertible debentures (the "Debentureholders", and collectively with the Shareholders and Warrantholders, the "Securityholders") have approved the proposed plan of arrangement (the...

UGE Achieves Commercial Operation for Rooftop Community Solar Project in Staten Island, New York

Tue, 16 Jul 2024 07:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - July 16, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that its 510kW rooftop community solar project in Staten Island, New York reached commercial operation and has begun generating electricity.UGE's newest community solar project is built atop Expressway Plaza, a shopping center on Staten Island. At just over half a megawatt, the project will offset roughly 700 metric...

UGE International Ltd. Announces Mailing of Meeting Materials and Receipt of Interim Order in Respect of Going-Private Transaction

Thu, 11 Jul 2024 17:30:00 -0400

Toronto, Ontario--(Newsfile Corp. - July 11, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") is pleased to announce the mailing of its notice of meeting, management information circular (the "Circular"), forms of proxy and letters of transmittal (collectively, the "Meeting Materials") to the holders (the "Shareholders") of common shares in the capital of UGE (the "Shares" and each, a "Share"), the holders of compensation warrants (the "Warrantholders"), and the...

UGE Reports Q1 2024 Financial Results

Wed, 29 May 2024 18:39:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, reported its financial results for the three months ended March 31, 2024. UGE reports all amounts in US dollars. Key financial results in Q1 2024 included:Ended the quarter with 5.6MW of operating assets that contributed $175.9K of energy generation revenue in the three months ended March 31, 2024. This reflects an increase of...

UGE International Ltd. Enters into Arrangement Agreement for Going-Private Transaction

Wed, 29 May 2024 07:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") and NOVA Infrastructure Fund II, LP, through its affiliated purchaser entity 1000896425 Ontario Ltd. (the "Purchaser"), announced today that they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of the Company (the "Common Shares") pursuant to a statutory...

Heliene and UGE Announce Strategic Partnership and Multiyear Module Supply Agreement

Wed, 08 May 2024 12:42:00 -0400

Heliene's high-quality modules with U.S. made solar cells will help UGE expand access to renewable energy for communities across the U.S. Mountain Iron, Minnesota and New York, New York--(Newsfile Corp. - May 8, 2024) - Heliene, Inc. ("Heliene"), one of North America's fastest-growing manufacturers of high-quality solar energy equipment, today announced a multiyear module supply agreement and strategic partnership with UGE, (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leading community...

UGE Partners with MaxSolar to Achieve Optimal Project Performance

Thu, 02 May 2024 07:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 2, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, announces that it has signed a national service agreement with MaxSolar, a nation-wide renewable energy project operations & maintenance provider.UGE, which had a decade of experience providing EPC (engineering, procurement, and construction) services, transformed into a full-lifecycle developer and IPP (independent power...

UGE Reports 2023 Financial Results

Tue, 30 Apr 2024 08:19:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 30, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE"), a leader in commercial and community solar, reported its financial results for the year ended December 31, 2023. UGE reports all amounts in US dollars. At the same time, within the Company's audited consolidated financial statements, the Company restated the comparative information as at and for the year ended December 31, 2022 as there had been an omission of leases...