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Westbridge Renewable Energy Corp.

WEB.V TSXV Utilities Vancouver, Canada
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Stock Performance
Price History
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Market Data
Market Cap 40.4M
P/E Ratio 2.67
52-Week High -
52-Week Low -
Avg Volume -
Beta -
Forward P/E -
Dividend Yield -
EV/Revenue -
Price/Book -
Business Overview

Westbridge Renewable Energy Corp. engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, the United Kingdom, and Italy. The company holds interest in the Accalia project, a 221 MWdc solar photovoltaic project covering approximately 1,120 acres in Cameron County, Texas, the United States; Dolcy project, a 300MWac solar photovoltaic project with 100MW of battery energy storage system (BESS) covering approximately 1,495 acres located in the municipal district of Wainwright, Alberta, Canada; Eastervale project, a 300MWac solar photovoltaic project with 200MW of BESS covering approximately 1,272 acres located in the municipality of Provost, east-central Alberta; Red Willow project, a 225MWac of solar photovoltaic with 100MW of BESS covering approximately 1,920 acres located near Stettler, Alberta; Normandeau project, a 250MWac solar photovoltaic project covering approximately 2,900 acres located in Lac La Biche County, northeast Alberta; Fiskerton BESS project, a 53MW grid connection in Lincoln, the United Kingdom; and originated projects comprising the Gierre Solare project, a 32 MW solar PV project located in Lazio, Italy; and the NM Solare project, a 30MW solar project located in Lazio and Umbria, Italy. It also holds interest in the Corry project located in Texas; Autrey project located in New Mexico; Ivy Project located in Colorado; the Albion project located in Nebraska; the Southern Prairie project located in Louisiana; Delphine project located in Louisiana; Moundville project located in Alabama; Happy Life project located in Colorado; and Aster project located in Alabama, as well as five BESS projects with an aggregated 539 MWh battery storage capacity located in Alberta. The company was formerly known as Westbridge Energy Corporation and changed its name to Westbridge Renewable Energy Corp. in September 2022. Westbridge Renewable Energy Corp. is headquartered in Vancouver, Canada.

Utilities Utilities - Renewable TSXV
Key Financial Metrics
-
Revenue
55.7M
Net Income
C$2.08
EPS (Diluted)
-18.2M
Free Cash Flow
Profitability
Gross Margin -
Operating Margin -
Net Profit Margin -
EBITDA 61.4M
Returns & Efficiency
Return on Assets (ROA) 84.9%
Return on Equity (ROE) 106.8%
Dividend Yield -
Payout Ratio -
Financial Health
Total Assets 65.5M
Total Debt 2.6M
Debt to Equity 0.05x
Current Ratio 2.57
Company Info
IndustryUtilities - Renewable
HQVancouver, Canada
Fiscal Year End1732924800
CurrencyCAD
Websitewestbridge.energy
Peers
Fortis Inc.
FTS.TO
40.6B
P/E: 23.5
36.0B
P/E: 26.9
22.2B
P/E: 21.7
13.3B
P/E: 325.5
9.7B
P/E: --
9.7B
P/E: 70.2
6.7B
P/E: 96.7
Insider Activity
Sentiment Bullish
Shares Bought 30,670,325
Shares Sold 0
Total Transactions 53
SEDAR+ Filings
View All Filings
8
Annual Reports
25
Quarterly Reports
33
MD&A
52
News Releases
6
Material Changes
8
Governance
66
Certifications
45
Other
Interactive Charts
Company Profile
General Information
Company NameWestbridge Renewable Energy Corp.
TickerWEB.V
ExchangeTSXV
SectorUtilities
IndustryUtilities - Renewable
HeadquartersVancouver, Canada
Fiscal Year End1732924800
CurrencyCAD
Websitewestbridge.energy
Financial Summary
Market Cap40.4M
RevenueN/A
Net Income55.7M
P/E Ratio2.67
EPS (Diluted)C$2.08
Net MarginN/A
ROE106.8%
Dividend YieldN/A
Business Description
Westbridge Renewable Energy Corp. engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, the United Kingdom, and Italy. The company holds interest in the Accalia project, a 221 MWdc solar photovoltaic project covering approximately 1,120 acres in Cameron County, Texas, the United States; Dolcy project, a 300MWac solar photovoltaic project with 100MW of battery energy storage system (BESS) covering approximately 1,495 acres located in the municipal district of Wainwright, Alberta, Canada; Eastervale project, a 300MWac solar photovoltaic project with 200MW of BESS covering approximately 1,272 acres located in the municipality of Provost, east-central Alberta; Red Willow project, a 225MWac of solar photovoltaic with 100MW of BESS covering approximately 1,920 acres located near Stettler, Alberta; Normandeau project, a 250MWac solar photovoltaic project covering approximately 2,900 acres located in Lac La Biche County, northeast Alberta; Fiskerton BESS project, a 53MW grid connection in Lincoln, the United Kingdom; and originated projects comprising the Gierre Solare project, a 32 MW solar PV project located in Lazio, Italy; and the NM Solare project, a 30MW solar project located in Lazio and Umbria, Italy. It also holds interest in the Corry project located in Texas; Autrey project located in New Mexico; Ivy Project located in Colorado; the Albion project located in Nebraska; the Southern Prairie project located in Louisiana; Delphine project located in Louisiana; Moundville project located in Alabama; Happy Life project located in Colorado; and Aster project located in Alabama, as well as five BESS projects with an aggregated 539 MWh battery storage capacity located in Alberta. The company was formerly known as Westbridge Energy Corporation and changed its name to Westbridge Renewable Energy Corp. in September 2022. Westbridge Renewable Energy Corp. is headquartered in Vancouver, Canada.
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