{"success":true,"data":{"pressRelease":{"id":"132023","rtpr_id":"nGNXc23z8d","ticker":"PWER","exchange":"","all_tickers":["PWER"],"title":"GLOBAL POWER SOLUTIONS PROVIDES UPDATE ON POTENTIAL REACTIVATION OF PERU HOSPITAL PROJECT","author":"Globe Newswire","published_at":"2026-09-01T07:05:00.104Z","article_body":"Vancouver, British Columbia, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Global Power\nSolutions Corp. (TSXV: PWER) (FSE: NJA) (“Global Power” or the\n“Company”) is pleased to provide an update regarding the potential\nreactivation of a previously announced hospital development project in Peru\ninvolving EsSalud, Peru’s Social Health Insurance authority.\n\nThe Company’s predecessor, Minaean SP Construction Corp., previously entered\ninto a Memorandum of Understanding (“MOU”) with EsSalud in connection with\nthe proposed development and construction of a 224-bed hospital in Chiclayo,\nLambayeque Province, Peru.\n\nThe project did not advance during the period of political and administrative\nchange in Peru, and the previous MOU has since expired.\n\nRepresentatives of the current EsSalud administration have recently expressed\ninterest in reopening discussions regarding the proposed hospital project and\npotentially negotiating a new MOU with Global Power.\n\nThe Company expects to receive formal correspondence from EsSalud regarding\npotential next steps. Should discussions progress, a new MOU would be required\nbefore the parties could proceed with further project development.\n\nPete Medved, President and Chief Executive Officer of Global Power Solutions\nCorp., commented:\n\n“We are encouraged by the renewed interest in this project. The original\nhospital initiative represented a significant infrastructure opportunity for\nthe Company, and we welcome the opportunity to re-engage with EsSalud and\ndetermine whether a new framework can be established to move the project\nforward.\n\nOur immediate focus will be on confirming the project requirements with\nEsSalud, reconnecting with our Canadian partners and evaluating an appropriate\nstructure for potential Canadian participation.”\n\n\nPotential Canadian Consortium and Project Structure\n\nThe previous project framework contemplated the formation of a Canadian\nconsortium and potential participation by the Canadian Commercial Corporation\n(“CCC”), together with potential export-credit financing.\n\nIf discussions with EsSalud progress, Global Power intends to re-engage with\npotential Canadian project partners and explore an appropriate consortium\nstructure for consideration by CCC.\n\nAny participation by CCC, Export Development Canada (“EDC”) or another\nexport credit agency would remain subject to their respective due diligence,\nreview and approval processes. No financing arrangements or CCC participation\nhave been finalized in connection with a renewed project.\n\n\nNext Steps\n\nSubject to further discussions with EsSalud, the Company anticipates that\npotential next steps may include:\n\n* receiving formal communication from EsSalud regarding the proposed\nreactivation of the project;\n\n* reviewing and confirming the current scope and requirements of the proposed\nhospital;\n\n* negotiating a new MOU with EsSalud;\n\n* re-engaging with potential Canadian consortium partners; and\n\n* evaluating potential project delivery and financing structures, including\npossible engagement with CCC and applicable export credit agencies.\n\nThe Company will provide further updates if and when material developments\noccur.\n\nThere can be no assurance that a new MOU will be executed, that CCC or any\nexport credit agency will participate in the project, that financing will be\nobtained, or that the proposed hospital project will proceed on its previously\ncontemplated terms or at all.\n\nAbout Global Power Solutions Corp.\n\nGlobal Power Solutions Corp. is expanding its business strategy to become a\nprovider of innovative clean energy infrastructure designed to support the\nrapidly growing power requirements of AI data centres and mission-critical\nfacilities. The Company is focused on developing hydrogen-enabled baseload\npower solutions that provide reliable, scalable and sustainable energy where\ntraditional grid infrastructure is constrained or unavailable. In addition,\nGlobal Power continues its established operations in the manufacture of light\ngauge steel components and modular building systems for the construction\nindustry.\n\nWe seek Safe Harbor.\n\nOn behalf of the Board:\nGlobal Power Solutions Corp.\n\n\"Peter Medved \"\nCEO \nTel: 604.684.2181 | Email: info@globalpowercorp.com |\nhttps://globalpowercorp.com/\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nDisclaimer for Forward-Looking Information\nThis news release contains certain forward-looking statements and\nforward-looking information (collectively, “forward-looking statements”)\nwithin the meaning of applicable securities laws relating to the business and\noperations of Global Power Solutions Corp. (“Global Power” or the\n“Company”). Forward-looking statements in this release may include, but\nare not limited to, statements regarding the development and deployment of the\nCompany’s modular hydrogen power systems, the identification and\nestablishment of potential manufacturing or staging facilities, the\nintegration of licensed and commercially available hydrogen technologies,\npotential system efficiencies, future commercial applications, and the ability\nof the Company to obtain any required regulatory approvals. Forward-looking\nstatements are often, but not always, identified by the use of words such as\n“plans,” “expects,” “is expected,” “scheduled,” “intends,”\n“anticipates,” “believes,” “contemplates,” “proposes,”\n“estimates,” or similar expressions, or statements that certain actions,\nevents, or results “may,” “could,” “would,” “might,” or\n“will” be taken, occur, or be achieved. Forward-looking statements are\nbased on the current expectations, assumptions, and beliefs of management as\nof the date of this release. Actual results and developments may differ\nmaterially from those contemplated by these statements due to a variety of\nknown and unknown risks, uncertainties, and other factors. These risks and\nuncertainties include, but are not limited to, risks related to the\ndevelopment and commercialization of hydrogen energy technologies, the\nintegration of third-party equipment and technologies, the availability of\nsuitable manufacturing locations and partners, the ability to obtain necessary\nregulatory approvals, changes in economic or market conditions, supply chain\nfactors, technological development risks, and the ability of the Company to\nsuccessfully execute its business strategy. Although the Company has attempted\nto identify important factors that could cause actual actions, events, or\nresults to differ materially from those described in forward-looking\nstatements, there may be other factors that cause actions, events, or results\nto differ from those anticipated, estimated, or intended. There can be no\nassurance that forward-looking statements will prove to be accurate, as actual\nresults and future events could differ materially from those anticipated in\nsuch statements. Accordingly, readers should not place undue reliance on\nforward-looking statements. Except as required by applicable securities laws,\nthe Company undertakes no obligation to update or revise any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise. Forward-looking statements contained in this release are made as of\nthe date of this release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c9f85721-81bb-4503-8ed5-673006895ca7)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXc23z8d","title":"GLOBAL POWER SOLUTIONS PROVIDES UPDATE ON POTENTIAL REACTIVATION OF PERU HOSPITAL PROJECT","author":"Globe Newswire","ticker":"PWER","created":"2026-09-01T07:05:00.104Z","tickers":["PWER"],"exchange":"","article_body":"Vancouver, British Columbia, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Global Power\nSolutions Corp. (TSXV: PWER) (FSE: NJA) (“Global Power” or the\n“Company”) is pleased to provide an update regarding the potential\nreactivation of a previously announced hospital development project in Peru\ninvolving EsSalud, Peru’s Social Health Insurance authority.\n\nThe Company’s predecessor, Minaean SP Construction Corp., previously entered\ninto a Memorandum of Understanding (“MOU”) with EsSalud in connection with\nthe proposed development and construction of a 224-bed hospital in Chiclayo,\nLambayeque Province, Peru.\n\nThe project did not advance during the period of political and administrative\nchange in Peru, and the previous MOU has since expired.\n\nRepresentatives of the current EsSalud administration have recently expressed\ninterest in reopening discussions regarding the proposed hospital project and\npotentially negotiating a new MOU with Global Power.\n\nThe Company expects to receive formal correspondence from EsSalud regarding\npotential next steps. Should discussions progress, a new MOU would be required\nbefore the parties could proceed with further project development.\n\nPete Medved, President and Chief Executive Officer of Global Power Solutions\nCorp., commented:\n\n“We are encouraged by the renewed interest in this project. The original\nhospital initiative represented a significant infrastructure opportunity for\nthe Company, and we welcome the opportunity to re-engage with EsSalud and\ndetermine whether a new framework can be established to move the project\nforward.\n\nOur immediate focus will be on confirming the project requirements with\nEsSalud, reconnecting with our Canadian partners and evaluating an appropriate\nstructure for potential Canadian participation.”\n\n\nPotential Canadian Consortium and Project Structure\n\nThe previous project framework contemplated the formation of a Canadian\nconsortium and potential participation by the Canadian Commercial Corporation\n(“CCC”), together with potential export-credit financing.\n\nIf discussions with EsSalud progress, Global Power intends to re-engage with\npotential Canadian project partners and explore an appropriate consortium\nstructure for consideration by CCC.\n\nAny participation by CCC, Export Development Canada (“EDC”) or another\nexport credit agency would remain subject to their respective due diligence,\nreview and approval processes. No financing arrangements or CCC participation\nhave been finalized in connection with a renewed project.\n\n\nNext Steps\n\nSubject to further discussions with EsSalud, the Company anticipates that\npotential next steps may include:\n\n* receiving formal communication from EsSalud regarding the proposed\nreactivation of the project;\n\n* reviewing and confirming the current scope and requirements of the proposed\nhospital;\n\n* negotiating a new MOU with EsSalud;\n\n* re-engaging with potential Canadian consortium partners; and\n\n* evaluating potential project delivery and financing structures, including\npossible engagement with CCC and applicable export credit agencies.\n\nThe Company will provide further updates if and when material developments\noccur.\n\nThere can be no assurance that a new MOU will be executed, that CCC or any\nexport credit agency will participate in the project, that financing will be\nobtained, or that the proposed hospital project will proceed on its previously\ncontemplated terms or at all.\n\nAbout Global Power Solutions Corp.\n\nGlobal Power Solutions Corp. is expanding its business strategy to become a\nprovider of innovative clean energy infrastructure designed to support the\nrapidly growing power requirements of AI data centres and mission-critical\nfacilities. The Company is focused on developing hydrogen-enabled baseload\npower solutions that provide reliable, scalable and sustainable energy where\ntraditional grid infrastructure is constrained or unavailable. In addition,\nGlobal Power continues its established operations in the manufacture of light\ngauge steel components and modular building systems for the construction\nindustry.\n\nWe seek Safe Harbor.\n\nOn behalf of the Board:\nGlobal Power Solutions Corp.\n\n\"Peter Medved \"\nCEO \nTel: 604.684.2181 | Email: info@globalpowercorp.com |\nhttps://globalpowercorp.com/\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nDisclaimer for Forward-Looking Information\nThis news release contains certain forward-looking statements and\nforward-looking information (collectively, “forward-looking statements”)\nwithin the meaning of applicable securities laws relating to the business and\noperations of Global Power Solutions Corp. (“Global Power” or the\n“Company”). Forward-looking statements in this release may include, but\nare not limited to, statements regarding the development and deployment of the\nCompany’s modular hydrogen power systems, the identification and\nestablishment of potential manufacturing or staging facilities, the\nintegration of licensed and commercially available hydrogen technologies,\npotential system efficiencies, future commercial applications, and the ability\nof the Company to obtain any required regulatory approvals. Forward-looking\nstatements are often, but not always, identified by the use of words such as\n“plans,” “expects,” “is expected,” “scheduled,” “intends,”\n“anticipates,” “believes,” “contemplates,” “proposes,”\n“estimates,” or similar expressions, or statements that certain actions,\nevents, or results “may,” “could,” “would,” “might,” or\n“will” be taken, occur, or be achieved. Forward-looking statements are\nbased on the current expectations, assumptions, and beliefs of management as\nof the date of this release. Actual results and developments may differ\nmaterially from those contemplated by these statements due to a variety of\nknown and unknown risks, uncertainties, and other factors. These risks and\nuncertainties include, but are not limited to, risks related to the\ndevelopment and commercialization of hydrogen energy technologies, the\nintegration of third-party equipment and technologies, the availability of\nsuitable manufacturing locations and partners, the ability to obtain necessary\nregulatory approvals, changes in economic or market conditions, supply chain\nfactors, technological development risks, and the ability of the Company to\nsuccessfully execute its business strategy. Although the Company has attempted\nto identify important factors that could cause actual actions, events, or\nresults to differ materially from those described in forward-looking\nstatements, there may be other factors that cause actions, events, or results\nto differ from those anticipated, estimated, or intended. There can be no\nassurance that forward-looking statements will prove to be accurate, as actual\nresults and future events could differ materially from those anticipated in\nsuch statements. Accordingly, readers should not place undue reliance on\nforward-looking statements. Except as required by applicable securities laws,\nthe Company undertakes no obligation to update or revise any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise. Forward-looking statements contained in this release are made as of\nthe date of this release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c9f85721-81bb-4503-8ed5-673006895ca7)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-01T07:05:00.144755357Z","server_sent_at_ms":1788246300144},"received_at":"2026-09-01T07:05:00.231Z","source_url":"https://www.globenewswire.com/news-release/2026/09/01/3353833/0/en/global-power-solutions-provides-update-on-potential-reactivation-of-peru-hospital-project.html"},"analysis":{"id":"120923","press_release_id":"132023","analysis_json":{"industry":{"label":"Construction & Engineering","sector":"Industrials"},"redFlags":["Project depends on successful renegotiation of an expired MOU with EsSalud","Previous project stalled due to political and administrative change in Peru","No assurance of financing or participation from Canadian Commercial Corporation"],"eventType":"operations_update","narrative":"Global Power Solutions announced that Peru's Social Health Insurance authority, EsSalud, has expressed interest in reopening discussions regarding the previously stalled 224-bed hospital project in Chiclayo.\n\nThe original Memorandum of Understanding expired during a period of political change, but the company now expects formal correspondence on potential next steps, which would require negotiating a new agreement to proceed.\n\nGlobal Power intends to re-engage with Canadian consortium partners and explore financing structures involving the Canadian Commercial Corporation, though no financing has been secured and there is no assurance the project will move forward.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Low materiality: project remains in pre-negotiation phase."},"keyFigures":{"customDimensions":{"hospital_beds":224}},"quotedText":"We are encouraged by the renewed interest in this project. The original hospital initiative represented a significant infrastructure opportunity for the Company, and we welcome the opportunity to re-engage with EsSalud and determine whether a new framework can be established to move the project forward.","namedEntities":{"people":[{"name":"Pete Medved","role":"President and Chief Executive Officer"},{"name":"Peter Medved","role":"CEO"}],"products":["224-bed hospital","hydrogen-enabled baseload power solutions","light gauge steel components"],"companies":[{"name":"Global Power Solutions Corp.","ticker":"PWER"},{"name":"EsSalud","relationship":"potential client"},{"name":"Minaean SP Construction Corp.","relationship":"predecessor"},{"name":"Canadian Commercial Corporation","relationship":"potential partner"},{"name":"Export Development Canada","relationship":"potential financing agency"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Preliminary expression of interest from EsSalud to revive a lapsed project; no definitive agreement signed, financing secured, or assurance of execution. High uncertainty remains."},"tickerRelevance":{"others":[],"primary":"PWER"},"globalImportance":10,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"preliminary-discussions","sectorWeight":"low"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":1,"narrative":"Global Power Solutions announced that Peru's Social Health Insurance authority, EsSalud, has expressed interest in reopening discussions regarding the previously stalled 224-bed hospital project in Chiclayo.\n\nThe original Memorandum of Understanding expired during a period of political change, but the company now expects formal correspondence on potential next steps, which would require negotiating a new agreement to proceed.\n\nGlobal Power intends to re-engage with Canadian consortium partners and explore financing structures involving the Canadian Commercial Corporation, though no financing has been secured and there is no assurance the project will move forward.","key_figures":{"customDimensions":{"hospital_beds":224}},"named_entities":{"people":[{"name":"Pete Medved","role":"President and Chief Executive Officer"},{"name":"Peter Medved","role":"CEO"}],"products":["224-bed hospital","hydrogen-enabled baseload power solutions","light gauge steel components"],"companies":[{"name":"Global Power Solutions Corp.","ticker":"PWER"},{"name":"EsSalud","relationship":"potential client"},{"name":"Minaean SP Construction Corp.","relationship":"predecessor"},{"name":"Canadian Commercial Corporation","relationship":"potential partner"},{"name":"Export Development Canada","relationship":"potential financing agency"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-01T07:21:33.116Z","global_importance":10,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"preliminary-discussions","sectorWeight":"low"}},"durationMs":102510,"modelName":"glm-4.7"}}