TORONTO, February 14, 2024–(BUSINESS WIRE)–Cboe Canada Inc. (“Cboe Canada“) is excited to welcome solar energy developer SolarBank Corporation (“SolarBank“) as they graduate their public listing to Cboe Canada, a Tier 1 Canadian exchange. Providing turnkey solutions in the clean and renewable energy industry, SolarBank is now trading on Cboe Canada under the symbol SUNN.
“It has been less than a year since SolarBank initially completed its IPO and during this period the company has undergone substantial growth. Today’s migration of our listing to Cboe Canada is yet another significant milestone,” explained Dr. Richard Lu, President and CEO of SolarBank. “Cboe’s global exchange platform and increased investor reach were major considerations in our decision to uplist to Cboe Canada. There are big things ahead in 2024 and beyond as SolarBank continues to execute on its over 1 GWp pipeline of solar energy and battery storage projects.”
SolarBank leverages their expertise to provide solar energy solutions to commercial and industrial corporations, institutions, municipalities, and electric utility companies in both the U.S. and Canada, with over 100 solar power plants currently under management.
“For mainstream adoption of renewable energy to gain traction, we need companies like SolarBank with accessible, scalable solutions to streamline the clean energy generation process and break down barriers to entry,” remarked Cboe’s Global Head of Corporate Listings, Erik Sloane. “Cboe Canada is proud to be the listing venue of choice for innovative companies that are driven by purpose and shaping a better tomorrow. We look forward to supporting SolarBank with unmatched service and support, expanded investor awareness, and increased quality of trading.”
Investors can trade shares of Cboe-Listed SUNN through their usual investment channels, including discount brokerage platforms and full-service dealers.
Cboe Canada is home to over 260 unique listings, including some of the most innovative Canadian and international growth companies, ETFs from Canada’s largest ETF issuers, and Canadian Depositary Receipts (CDRs). For a complete view of all securities listed on Cboe Canada, click here. Cboe consistently facilitates over 15% of all volume traded in Canadian-listed companies, and more than 20% of all volume traded in Canadian ETFs.
About Cboe Canada
Cboe Canada is Canada’s Tier 1 stock exchange for the purpose-driven Innovation Economy, providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
Cboe Canada is part of the Cboe Global Markets network, leveraging deep international expertise, industry-leading market intelligence and technology, and unparalleled service to deliver what stakeholders and the world need now, and for the future.
Connect with Cboe Canada: Website | LinkedIn | Twitter | Instagram | Facebook
About SolarBank
SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. 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 leading solar markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. SolarBank has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 70 megawatts built.
Connect with SolarBank: Website | LinkedIn | Twitter | Instagram | Facebook
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Contacts
Cboe Canada Media Contact:
media@cboe.ca
