- The company’s 3.79 MW Geddes facility is expected to begin generating revenue in June 2025.
- The initiative marks one of the first integrations of renewable energy and Bitcoin treasury management.
- Management will determine Bitcoin allocation based on market conditions and operational cash flow.
- The Geddes site, built on a closed landfill, reflects SolarBank’s dual focus on clean energy and land repurposing.
- This move could be extended to other solar and battery energy storage projects across the company’s 1+ GW pipeline.
Disseminated on behalf of SolarBank Corporation
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., is moving forward with its plan to integrate Bitcoin into its treasury operations by directing net revenue from its soon-to-be-operational Geddes Solar Power Project toward the digital asset. This step marks the company’s first allocation of cash flow to Bitcoin since revealing its treasury strategy earlier in June 2025 (https://ibn.fm/u9bqQ).
The Geddes Project, located in New York State, has a designed capacity of 3.79 megawatts of direct current electricity. Built on a repurposed landfill, the site reflects a broader trend in renewable energy of transforming brownfield sites into productive infrastructure. Once operational, expected before the…
NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://ibn.fm/SUUN
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