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Westbridge sells Red Willow solar-plus-storage project in Alberta for up to CAD $26.7M, advancing its renewable energy strategy.

Company Fundamentals
28 Aug 2026
PRNewsWire
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Bullish
pluang ai news

Westbridge Renewable Energy has agreed to sell its Red Willow solar-plus-storage project in Alberta through the sale of its subsidiary Red Willow Solar Inc. The project includes a 225 MW solar plant and a 100 MW battery system, both approved by Alberta regulators. The deal will provide Westbridge with up to CAD $26.7 million through upfront and milestone payments, supporting its strategy to develop and monetize renewable energy assets. This sale highlights growing demand for renewable energy and storage in Alberta amid favorable regulatory and market conditions, with Westbridge continuing to develop projects across North America and Europe.

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