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Revolve Shareholders Approve All Resolutions Proposed by the Board of Directors at the Annual and Special General Meeting

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VANCOUVER, BC / ACCESSWIRE / December 5, 2024 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce the results of its Annual and Special General Meeting ("ASGM") of shareholders.

The Company elected eight directors to the board, namely, Steve Dalton, Omar Bojorquez, Roger Norwich, Joseph O'Farrell, Susan Shaw, Jonathan Clare, JP Maguire and Craig Lindsay. As per the news release issued on November 6, 2024, Jonathan Clare resigned as director and Michael Clark has been appointed as director to replace him.

The shareholders approved all other matters as proposed in the information circular, including the appointment of Kreston GTA LLP, as auditors of the Company and the re-approval of the omnibus equity incentive plan of the Company.

For a detailed listing of all resolutions at the ASGM, please go to Information Circular by visiting: https://revolve-renewablepower.com/financials/

For further information contact:

Myke Clark, CEO
IR@revolve-renewablepower.com
778-372-8499

About Revolve
Revolve was formed in 2012 to capitalize on the growing global demand for renewable power. Revolve develops utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico. The Company has a second division, Revolve Renewable Business Solutions which installs and operates sub 20MW "behind the meter" distributed generation (or "DG") assets. Revolve's portfolio includes the following:

  • Operating Assets: 11MW (net) of operating assets under long term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation;

  • Under Construction: a 3MW CHP project and a 450kWp rooftop solar project that are both under construction and expected to be operational in 2025; and

  • Development: a diverse portfolio of utility scale development projects across the US, Canada and Mexico with a combined capacity of over 3,000MWs as well as a 140MW+ distributed generation portfolio that is under development.

Revolve has an accomplished management team with a demonstrated track record of taking projects from "greenfield" through to "ready to build" status and successfully concluding project sales to large operators of utility-scale renewable energy projects. To-date, Revolve has developed and sold over 1,550MW of projects.

Going forward, Revolve is targeting 5,000MW of utility-scale projects under development in the US, Canada and Mexico, and in parallel is rapidly growing its portfolio of revenue-generating DG assets.