Revolve Completes Acquisition of Three Ontario Battery Storage Projects
Revolve Renewable Power has completed its acquisition of Logan Energy Storage ULC, whose Ontario portfolio consists of three battery energy storage projects with 6 MW / 11.7 MWh of capacity.
Revolve Renewable Power Corp. (CSE:REVV; OTCQB:REVVF) has completed its acquisition of Logan Energy Storage ULC, the owner of three battery energy storage system projects in Ontario. The transaction gives Revolve ownership of a portfolio with total capacity of 6 MW / 11.7 MWh.
Revolve entered into definitive agreements for the acquisition on October 30, 2026. The completed transaction involved the purchase of all issued and outstanding shares in Logan.
The company said the acquired assets form part of its Ontario battery storage portfolio. Following completion, Revolve reported approximately 20.2 MW / 36.0 MWh of battery storage capacity across nine projects in the province.
Revolve’s updated Ontario portfolio includes the six-project Trillium Storage portfolio, which the company acquired in August 2026.
Across its wider operations, Revolve develops utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico. It also installs and operates sub 20 MW behind-the-meter distributed generation assets.
The company reports 36.2 MW (net) of operating assets under long-term power purchase and services agreements across the US, Canada and Mexico. Its development holdings include utility-scale projects with a combined capacity of over 3,000MWs and a 140MW+ distributed generation portfolio under development. Revolve also says it has developed and sold over 1,550MW of projects to-date.
Revolve has identified the anticipated addition of operating storage capacity, long-term recurring revenue and contracted cash-generating assets as expected benefits of the acquisition. The company also expects the transaction to be accretive to revenue and to further establish its presence in Ontario.
These statements are forward-looking information based on the company’s opinions, estimates and assumptions. Revolve said there can be no assurance that the underlying opinions, estimates and assumptions will prove correct.
The company also cited expectations regarding Stem’s continued operation of the portfolio. Those expectations depend on the continued operation and performance of the projects, as well as the maintenance of host customer arrangements, service agreements, permits and interconnection approvals.
Revolve said its expectations are subject to regulatory stability, the absence of material adverse regulatory decisions, financing being available on commercially reasonable terms, sufficient liquidity and capital resources, and the absence of capital project or financing cost overruns.
The company also identified potential operational, financial and supply chain disruptions; the continued ability to maintain systems and facilities; electricity pricing remaining competitive with alternative energy sources; and changes in applicable laws, political conditions, public policies or government directions.
Other stated risks include operational performance, host customer, contractual, permitting, interconnection, equipment, maintenance and cost inflation risks. Revolve also referred to financing, counterparty, acquisition, general market, economic, interest rate, foreign exchange and industry risks. The company said actual results and future events could differ materially from those expressed or implied in its forward-looking statements.
Revolve Renewable Power Corp. announced that it had completed its previously announced acquisition of all issued and outstanding shares in Logan Energy Storage ULC. Logan owns a portfolio of three battery energy storage system projects in Ontario.
Revolve Renewable Power Corp. entered into definitive agreements to acquire the Portfolio on October 30, 2026. The acquisition was completed on November 3, 2026.
The Portfolio has a total capacity of 6 MW / 11.7 MWh. It comprises three battery energy storage system projects located in Ontario.
Following completion, Revolve Renewable Power Corp.’s battery storage capacity in Ontario increased to approximately 20.2 MW / 36.0 MWh across nine projects. This includes the six-project Trillium Storage portfolio acquired in August 2026.
Revolve Renewable Power Corp. develops utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico. It also installs and operates sub 20 MW behind-the-meter distributed generation assets.
Revolve Renewable Power Corp. is identified in the announcement as trading on the Canadian Securities Exchange under CSE:REVV and on the OTCQB under OTCQB:REVVF.
Revolve Renewable Power Corp. reports 36.2 MW (net) of operating assets under long-term power purchase and services agreements across the US, Canada and Mexico. The assets cover wind, solar, battery storage and hydro generation.
Revolve Renewable Power Corp. reports a utility-scale development portfolio across the US, Canada and Mexico with a combined capacity of over 3,000MWs, as well as a 140MW+ distributed generation portfolio under development. The company says it has developed and sold over 1,550MW of projects to-date.
Revolve Renewable Power Corp. identifies the anticipated benefits as adding operating storage capacity, long-term recurring revenue and contracted cash-generating assets to its portfolio, and expects the acquisition to be accretive to revenue and further establish its presence in Ontario. These are forward-looking statements based on the company’s opinions, estimates and assumptions, and the company says there can be no assurance that those assumptions will prove correct.
Revolve Renewable Power Corp. includes expectations regarding Stem’s continued operation of the Portfolio among its forward-looking statements. The company says those expectations depend on factors including the continued operation and performance of the projects, the maintenance of host customer arrangements, service agreements, permits and interconnection approvals.
Revolve Renewable Power Corp. identifies conditions including regulatory stability, financing availability on commercially reasonable terms, the absence of capital project or financing cost overruns, sufficient liquidity and capital resources, and the continued competitiveness of electricity pricing compared with alternative energy sources. It also cites potential operational, financial and supply chain disruptions, changes in laws or public policy, and general market, economic, interest rate, foreign exchange and industry conditions.
Revolve Renewable Power Corp. identifies risks relating to operating the Portfolio and realising the anticipated benefits of the acquisition, including operational performance, host customer, contractual, permitting, interconnection, equipment, maintenance and cost inflation risks. It also identifies financing, counterparty, contractual arrangement and acquisition risks, including the ability to obtain funding on acceptable terms and complete acquisitions on acceptable terms.