Acquiring Company
PowerBank Corporation
Acquired Company
Abundant Solar Power
Toronto
New YorkEnergyRenewable EnergyBiomass EnergyEnvironmental ServicesEnergyRenewable EnergySolarDescription
PowerBank Corporation has acquired the Gainesville and Highway 28 solar projects in New York for a total of $2.4 million. The Highway 28 project, with a capacity of 6.9 MW, is expected to be ready by Q3 2026, while the 7 MW Gainesville project is set for 2027. Both projects are eligible for significant federal tax credits and will be operated as community solar projects.
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Based on deal dataFrequently asked
Who acquired Abundant Solar Power?
Abundant Solar Power was acquired by PowerBank Corporation, based in Toronto. The deal was reported on August 18, 2026. PowerBank Corporation is a company focused on providing innovative solutions in the energy sector. It operates on public markets and is dedicated to advancing technology that transforms industry standards. PowerBank Corporation is publicly traded (PBK) and operates in Energy.
When did PowerBank Corporation acquire Abundant Solar Power?
PowerBank Corporation's acquisition of Abundant Solar Power was reported on August 18, 2026. PowerBank Corporation has acquired the Gainesville and Highway 28 solar projects in New York for a total of $2.4 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Abundant Solar Power do?
Abundant Solar Power Inc. specializes in solar energy project development and management. They are involved in the development of solar energy projects across the United States. It is privately held, operating in Energy, and is based in New York.