Revolve Reports FY2026 Results as Financing and Acquisition Activity Continues
Revolve Renewable Power Corp. reported its FY2026 financial results and outlined project-level financing, completed renewable energy acquisitions and the conditional proposed transaction with Whitfield Power Solutions.
Revolve Renewable Power Corp. (CSE:REVV, OTCQB:REVVF) reported its financial results for the year ended June 30, 2026, while outlining financing arrangements and acquisitions completed after the reporting period. The company also provided an update on the proposed acquisition of all its issued and outstanding common shares by Whitfield Power Solutions, LLC, which remains subject to required approvals and other conditions.
Revolve recorded total revenue of $2,395,384 in FY2026, compared with $3,983,226 in FY2025. The prior-year figure included $1,741,869 from project asset sales. Revenue in FY2026 came from electricity sales, distributed generation finance income and asset management income.
Recurring revenue from operating activities was $2,395,384, compared with $2,241,357 in FY2025, representing an increase of approximately 7%.
Gross profit was $1,636,226, with a gross margin of approximately 68%, compared with gross profit of $3,238,341 in FY2025. Revolve reported a net loss of $4,866,082, compared with a net loss of $2,590,122 in the previous financial year.
Cash stood at $3,639,716 as at June 30, 2026, compared with $1,267,082 as at June 30, 2025. All amounts in the reported financial results are in US dollars.
On August 27, 2026, Revolve announced a MXN$450 million financing facility with Banco Multiva for the development, construction and refinancing of distributed generation projects in Mexico.
The facility consists of two MXN$225 million tranches, carries a 14-year term from signing and provides financing for up to 75% of eligible project costs. Revolve completed an initial drawdown of approximately MXN$128.8 million, or US$7.7 million.
Revolve entered into an $11 million bridge credit facility with Whitfield Power Solutions, LLC on July 31, 2026. Whitfield Power Solutions is an affiliate of Callaway Capital Management LLC. The facility was fully drawn, with proceeds allocated to the Ontario battery storage and Horseshoe Bend acquisitions, along with other targeted acquisition activity.
On August 12, 2026, the company completed the purchase of six operating behind-the-meter battery energy storage projects in Ontario. The projects have total capacity of approximately 14.2 MW.
Revolve completed the acquisition of the operating Horseshoe Bend wind project in Great Falls, Montana, on September 11, 2026. The project has a capacity of 9.6 MW.
On September 10, 2026, Revolve acquired the remaining 10% ownership interest in MRE US Wind & Solar Inc. from Running Foxes Wind & Solar LLC for total cash consideration of $625,000. Following completion, MRE US Wind & Solar Inc. became a wholly owned subsidiary of Revolve.
Under an arrangement agreement announced on September 15, 2026, Whitfield Power Solutions, LLC agreed to acquire all the issued and outstanding common shares of Revolve.
The proposed transaction remains subject to shareholder, court, regulatory and other customary approvals and conditions. The reported information does not state that the transaction has been completed.
Revolve was formed in 2012 and develops utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico. It also installs and operates sub 20 megawatt behind-the-meter distributed generation assets.
The company reports 38 MW (net) of operating assets under long-term power purchase agreements across Canada and Mexico. These assets include wind, solar, battery storage and hydro generation.
Its reported development portfolio includes utility-scale projects across the US, Canada and Mexico with combined capacity of over 3,000MWs, as well as a 140MW+ distributed generation portfolio under development. Revolve also states that it has developed and sold over 1,550MW of projects.
Revolve reported FY2026 revenue of $2,395,384, gross profit of $1,636,226 and a net loss of $4,866,082.
Cash was $3,639,716 as at June 30, 2026, compared with $1,267,082 as at June 30, 2025.
The company announced a MXN$450 million Banco Multiva facility and completed an initial drawdown of approximately MXN$128.8 million, or US$7.7 million.
Revolve completed acquisitions involving Ontario battery storage projects, the 9.6 MW Horseshoe Bend wind project and the remaining 10% of MRE US Wind & Solar Inc.
The proposed Whitfield transaction remains conditional on shareholder, court, regulatory and other customary approvals and conditions.
Revolve Renewable Power Corp. reported its financial results for the year ended June 30, 2026, referred to as FY2026. The release also covered project-level financing, acquisitions completed after the financial year end and the proposed Whitfield transaction.
Revolve Renewable Power Corp. reported total revenue of $2,395,384 for FY2026, compared with $3,983,226 in FY2025. FY2025 included $1,741,869 of project asset sale revenue, while FY2026 revenue came from electricity sales, distributed generation finance income and asset management income.
Revolve Renewable Power Corp. reported recurring revenue from operating activities of $2,395,384 in FY2026, compared with $2,241,357 in FY2025, representing an increase of approximately 7%.
Revolve Renewable Power Corp. reported gross profit of $1,636,226, representing a gross margin of approximately 68%, compared with gross profit of $3,238,341 in FY2025. Its net loss was $4,866,082, compared with a net loss of $2,590,122 in FY2025.
Revolve Renewable Power Corp. reported cash of $3,639,716 at June 30, 2026, compared with $1,267,082 at June 30, 2025.
CEO Myke Clark said FY2026 was a year of substantial investment in the next phase of Revolve Renewable Power Corp.'s growth. He said the company advanced construction of distributed generation projects in Mexico, strengthened its financing platform, invested in its development pipeline, added operating battery storage and wind assets in Canada and the United States, and established long-term project-level financing for its Mexico portfolio.
On August 27, 2026, Revolve Renewable Power Corp. announced a MXN$450 million project-level financing facility with Banco Multiva for the development, construction and refinancing of distributed generation projects in Mexico. The facility comprises two MXN$225 million tranches, has a 14-year term from signing and provides financing for up to 75% of eligible project costs; the company completed an initial drawdown of approximately MXN$128.8 million, or US$7.7 million.
On July 31, 2026, Revolve Renewable Power Corp. entered into an $11 million bridge credit facility with Whitfield Power Solutions, LLC, an affiliate of Callaway Capital Management LLC. The facility was fully drawn, and the proceeds were used to fund the Ontario battery storage and Horseshoe Bend acquisitions and other targeted acquisition activity.
On August 12, 2026, Revolve Renewable Power Corp. completed the acquisition of six operating behind-the-meter battery energy storage projects in Ontario. The projects have total capacity of approximately 14.2 MW.
On September 11, 2026, Revolve Renewable Power Corp. completed the acquisition of the 9.6 MW operating Horseshoe Bend wind project in Great Falls, Montana.
On September 10, 2026, Revolve Renewable Power Corp. acquired the remaining 10% ownership interest in MRE US Wind & Solar Inc. from Running Foxes Wind & Solar LLC for total cash consideration of $625,000. Following completion, MRE US Wind & Solar Inc. became a wholly owned subsidiary of Revolve Renewable Power Corp.
The proposed transaction remains subject to shareholder, court, regulatory and other customary approvals and conditions. Under the arrangement agreement announced on September 15, 2026, Whitfield Power Solutions, LLC agreed to acquire all the issued and outstanding common shares of Revolve Renewable Power Corp.
Revolve Renewable Power Corp. is a North American owner, operator and developer of renewable energy projects. It develops utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico, and installs and operates sub 20 megawatt ("MW") behind-the-meter distributed generation assets.
Revolve Renewable Power Corp. reports 38 MW (net) of operating assets under long-term power purchase agreements across Canada and Mexico, covering wind, solar, battery storage and hydro generation. It also reports a utility-scale development portfolio across the US, Canada and Mexico with combined capacity of over 3,000MWs, alongside a 140MW+ distributed generation portfolio under development.
Revolve Renewable Power Corp. is identified in the release as trading on the CSE under CSE:REVV and on the OTCQB under OTCQB:REVVF.