News & Updates

SolarBank to Acquire Solar Flow-Through Funds Ltd. in All Stock Transaction Valued at $45 Million

March 20, 2024

March 20, 2024

SolarBank Corporation (“SolarBank” or the “Company”) announced today that it has entered into a definitive agreement with Solar Flow-Through Funds Ltd. (“SFF”) to acquire all of the issued and outstanding common shares of SFF through a plan of arrangement for an aggregate consideration of up to $41.8 million in an all stock deal (the “Transaction”). The Transaction values SFF at up to $45 million but the consideration payable excludes the common shares of SFF currently held by SolarBank.

For more information, read SolarBank’s full news release here.


Matthew J. Wayrynen

President and Chief Executive Officer

Phone: (604) 682-3701


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