Disseminated on behalf of SolarBank Corporation

SolarBank Hires Heavyweight to Power Their Boldest Move Yet

SolarBank (NASDAQ: SUUN), the clean energy company that’s been quietly stacking solar and battery projects across North America, just made another big move.

They’re planning an expansion into the data center arena. The digital fortresses that run everything from your Netflix binge to your AI chatbot obsession.

This is not a small pivot. It’s a potential major power play (pun intended). And they’re not doing it alone.

They’ve just brought on Jonathan Martone.

Now if you’re not familiar, Martone isn’t just some random consultant. He’s the guy who gets called when private equity firms and major data players want to build serious infrastructure. Not the flashy Instagram kind. The kind that actually works, scales, and makes people real money.

For over 25 years, this man has been building and designing the backbone of the internet. He knows how to scout a site, secure the power, lay the fiber, deal with the utilities, and make sure the whole thing doesn’t explode from poor planning.

SolarBank brought him in to help lead their charge into the data center world.

The timing couldn’t be better. Demand for data storage and computing is spiking like crazy thanks to AI.

And guess what AI needs to run?

Power. Lots of it.

That’s where SolarBank comes in. They are proposing to supply that power with clean, renewable energy.

Martone helps them find the right sites. SolarBank brings the juice. The rest of the market brings the need.

Now let’s not get ahead of ourselves. They haven’t broken ground yet. No data centers are under construction. No projects are signed. They’re still looking, still planning, still in discussions.

But bringing Martone on board sends a loud message. They’re not flirting with the idea. They’re going after it. Hard.

TL:DR…

SolarBank (NASDAQ: SUUN) is planning a pivot to no longer just be a solar company.

They are positioning themselves as a future-facing, energy-enabled infrastructure player.

The stage is set. The opportunity is real. Now it’s just about execution.

And if history is any guide, Martone doesn’t miss.

Disclaimer:

There are several risks associated with the development of the projects detailed in this report. The development of any project is subject to the continued availability of third-party financing arrangements for the project owners and the risks associated with the construction of a solar project. There is no certainty the projects disclosed in this report will be completed on schedule or that they will operate in accordance with their design capacity. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar power, which could result in future projects no longer being economic.

There are several risks associated with the development of any data center. While SolarBank is expanding into the data center industry, it does not currently have any data center projects under development or that it has secured rights to. It is in discussions with various other parties regarding potential data center opportunities and will provide details in a future news release if an agreement to acquire or develop a data center is concluded. The development of any data center project is subject to identification of a suitable project site, receipt of required permits, entry into contracts for construction and the use of the data center, the availability of third-party financing arrangements for the Company and the risks associated with the construction of a data center. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for renewable energy, which could result in future projects no longer being economic.

This report contains forward-looking information. Please refer to the SolarBank press releases entitled: “Data Center Expert Jonathan Martone Retained by SolarBank Corporation to Power Strategic Expansion” available on SEDAR+ at www.sedarplus.ca, for additional details on the statements, risks and assumptions.

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