{"success":true,"data":{"pressRelease":{"id":"83133","rtpr_id":"nPn1zLzmHa","ticker":"PBK","exchange":"NASDAQ","all_tickers":["PBK"],"title":"Certificate of Final Completion Received for Engineering, Procurement, and Construction Agreement with Fiera Real Estate","author":"PR Newswire","published_at":"2026-07-08T11:07:00.049Z","article_body":"Certificate of Final Completion Received for Engineering, Procurement, and Construction Agreement with Fiera Real Estate\n\nPR Newswire\n\nTORONTO, July 8, 2026\n\nTORONTO, July 8, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe\nCA: PBK) (FSE: 103) (\"PowerBank\" or the \"Company\"), a leader in independent\nenergy development and asset ownership in North America, is pleased to\nannounce it has received the certificate of final completion for the 1.45 MW\nDC rooftop solar project located in Calgary, Alberta (the \"Project\"),\ncompleted under an Engineering, Procurement, and Construction Agreement\n(\"EPC\") for Fiera Real Estate Investments Limited (\"Fiera Real Estate\").\n\nIn December of 2025\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4727220-1&h=3064574452&u=https%3A%2F%2Fpowerbankcorp.com%2Fnews%2Fpowerbanks-first-solar-project-under-development-for-fiera-real-estate-reaches-commercial-operation&a=In+December+of+2025)\n, the Company announced that the Project reached commercial operation. It has\nbeen selling power to the grid under Alberta's Small Scale Generation program.\n\nAs the demand for power across Canada continues to rise, PowerBank's\nexperience delivering EPC services across multiple provinces positions the\nCompany to support that growth. In Alberta specifically, the Alberta Electric\nSystem Operator has reported more than 20,000 MW of data center load requests\nseeking to connect to the provincial grid, compared to Alberta's current peak\ndemand of approximately 12,000 MW, and has confirmed that only about 1,200 MW\nof large new load can be reliably accommodated in the near term without\nadditional generation or system upgrades(1). With 100 MW of completed\nprojects, PowerBank's track record executing solar and energy storage projects\nacross Alberta, Ontario and other Canadian and U.S. markets provides the\ncross-jurisdictional development, permitting and construction expertise the\nCompany believes will be needed to help meet this growing demand for power.\n\nNotes\n\n[1]: Alberta Electric System Operator, \"Update on Data Centres,\" September\n2025, as cited in Gowling WLG, \"Powering the cloud: How Alberta is reshaping\nits electricity system for data centres,\" January 2026.\n\nAbout PowerBank Corporation\n\nPowerBank Corporation is a vertically integrated and independent North\nAmerican energy company helping to power the digital economy. The Company\ndevelops, builds, owns, and operates solar and battery energy storage systems\nthat deliver reliable and resilient power to the electricity grid, commercial\nand industrial clients, and municipal and residential off-takers. As AI and\ndigital infrastructure drive unprecedented electricity demand, PowerBank is\nuniquely positioned to deliver the speed, scale, and energy independence that\nthe next generation of power consumers requires, without waiting years for\npermitting and grid interconnection. The Company has a potential development\npipeline of over one gigawatt and has developed energy projects with a\ncombined capacity of over 100 megawatts built. To learn more about PowerBank,\nplease visit www.powerbankcorp.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4727220-1&h=3026614737&u=https%3A%2F%2Fwww.powerbankcorp.com%2F&a=www.powerbankcorp.com)\n.\n\nFORWARD-LOOKING STATEMENTS\n\nThis news release contains forward-looking statements and forward-looking\ninformation ‎within the meaning of Canadian securities legislation\n(collectively, \"forward-looking ‎statements\") that relate to the Company's\ncurrent expectations and views of future events. ‎Any statements that\nexpress, or involve discussions as to, expectations, beliefs, plans,\n‎objectives, assumptions or future events or performance (often, but not\nalways, through the ‎use of words or phrases such as \"will likely result\",\n\"are expected to\", \"expects\", \"will ‎continue\", \"is anticipated\",\n\"anticipates\", \"believes\", \"estimated\", \"intends\", \"plans\", \"forecast\",\n‎‎\"projection\", \"strategy\", \"objective\" and \"outlook\") are not historical\nfacts and may be ‎forward-looking statements and may involve estimates,\nassumptions and uncertainties ‎which could cause actual results or outcomes\nto differ materially from those expressed in ‎such forward-looking\nstatements. In particular and without limitation, this news release\n‎contains forward-looking statements pertaining to the Company's\nexpectations regarding its industry trends and overall market growth; and the\nsize of the Company's development pipeline. No assurance ‎can be given that\nthese expectations will prove to be correct and such forward-looking\n‎statements included in this news release should not be unduly relied upon.\nThese ‎statements speak only as of the date of this news release.‎\n\nForward-looking statements are based on certain assumptions and analyses made\nby the Company in light of the experience and perception of historical trends,\ncurrent conditions and expected future developments and other factors it\nbelieves are appropriate, and are subject to risks and uncertainties. In\nmaking the forward looking statements included in this news release, the\nCompany has made various material assumptions, including but not limited to:\nobtaining the necessary regulatory approvals; that regulatory requirements\nwill be maintained; execution of definitive agreements for suitable solar or\nBESS sites; that power is available to be sufficient to support a modular data\ncenter; general business and economic conditions; the Company's ability to\nsuccessfully execute its plans and intentions; the availability of financing\non reasonable terms; the Company's ability to attract and retain skilled\nstaff; market competition; the products and services offered by the Company's\ncompetitors; that the Company's current good relationships with its service\nproviders and other third parties will be maintained; and government subsidies\nand funding for renewable energy will continue as currently contemplated.\nAlthough the Company believes that the assumptions underlying these statements\nare reasonable, they may prove to be incorrect, and the Company cannot assure\nthat actual results will be consistent with these forward-looking statements.\nGiven these risks, uncertainties and assumptions, investors should not place\nundue reliance on these forward-looking statements.\n\nWhether actual results, performance or achievements will conform to the\nCompany's expectations and predictions is subject to a number of known and\nunknown risks, uncertainties, assumptions and other factors, including those\nlisted under \"Forward-‎Looking Statements\" and \"Risk ‎Factors\" in the\nCompany's most recently completed Annual Information Form, and other public\nfilings of the Company, which include: the Company may be adversely affected\nby volatile solar power market and industry conditions; failure to execute\ndefinitive agreements for suitable solar or BESS sites; power availability may\nnot be sufficient to support a modular data center; the execution of the\nCompany's growth strategy depends upon the continued availability of\nthird-party financing arrangements; the Company's future success depends\npartly on its ability to expand the pipeline of its energy business in several\nkey markets; governments may revise, reduce or eliminate incentives and policy\nsupport schemes for solar and battery storage power; general global economic\nconditions may have an adverse impact on our operating performance and results\nof operations; the Company's project development and construction activities\nmay not be successful; developing and operating solar Project exposes the\nCompany to various risks; the Company faces a number of risks involving Power\nPurchase Agreements (\"PPAs\") and project-level financing arrangements; any\nchanges to the laws, regulations and policies that the Company is subject to\nmay present technical, regulatory and economic barriers to the purchase and\nuse of solar power; the markets in which the Company competes are highly\ncompetitive and evolving quickly; an anti-circumvention investigation could\nadversely affect the Company by potentially raising the prices of key supplies\nfor the construction of solar power projects; foreign exchange rate\nfluctuations; a change in the Company's effective tax rate can have a\nsignificant adverse impact on its business; seasonal variations in demand\nlinked to construction cycles and weather conditions may influence the\nCompany's results of operations; the Company may be unable to generate\nsufficient cash flows or have access to external financing; the Company may\nincur substantial additional indebtedness in the future; the Company is\nsubject to risks from supply chain issues; risks related to inflation and\ntariffs; unexpected warranty expenses that may not be adequately covered by\nthe Company's insurance policies; if the Company is unable to attract and\nretain key personnel, it may not be able to compete effectively in the\nrenewable energy market; there are a limited number of purchasers of\nutility-scale quantities of electricity; compliance with environmental laws\nand regulations can be expensive; corporate responsibility may adversely\nimpose additional costs; the future impact of any global pandemic on the\nCompany is unknown at this time; the Company has limited insurance coverage;\nthe Company will be reliant on information technology systems and may be\nsubject to damaging cyberattacks; the Company may become subject to\nlitigation; there is no guarantee on how the Company will use its available\nfunds; the Company will continue to sell securities for cash to fund\noperations, capital expansion, mergers and acquisitions that will dilute the\ncurrent shareholders; and future dilution as a result of financings.\n\nThe Company undertakes no obligation to update or revise any\n‎forward-looking statements, whether as a result of new information, future\nevents or ‎otherwise, except as may be required by law. New factors emerge\nfrom time to time, and it ‎is not possible for the Company to predict all of\nthem, or assess the impact of each such ‎factor or the extent to which any\nfactor, or combination of factors, may cause results to ‎differ materially\nfrom those contained in any forward-looking statement. Any forward-‎looking\nstatements contained in this news release are expressly qualified in their\nentirety by ‎this cautionary statement.‎\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/certificate-of-final-completion-received-for-engineering-procurement-and-construction-agreement-with-fiera-real-estate-302819983.html\n(https://www.prnewswire.com/news-releases/certificate-of-final-completion-received-for-engineering-procurement-and-construction-agreement-with-fiera-real-estate-302819983.html)\n\nSOURCE PowerBank Corporation\n\n\n\nFor further information, please contact:‎ PowerBank Corporation, Tracy Zheng, Email: ir@powerbankcorp.com, Phone: 289.439.4718\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1698220/PowerBank-Corporation-Certificate-of-Final-Completion-Received-f.jpg?id=OA2754262\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn1zLzmHa","title":"Certificate of Final Completion Received for Engineering, Procurement, and Construction Agreement with Fiera Real Estate","author":"PR Newswire","ticker":"PBK","created":"2026-07-08T11:07:00.049Z","tickers":["PBK"],"exchange":"NASDAQ","article_body":"Certificate of Final Completion Received for Engineering, Procurement, and Construction Agreement with Fiera Real Estate\n\nPR Newswire\n\nTORONTO, July 8, 2026\n\nTORONTO, July 8, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe\nCA: PBK) (FSE: 103) (\"PowerBank\" or the \"Company\"), a leader in independent\nenergy development and asset ownership in North America, is pleased to\nannounce it has received the certificate of final completion for the 1.45 MW\nDC rooftop solar project located in Calgary, Alberta (the \"Project\"),\ncompleted under an Engineering, Procurement, and Construction Agreement\n(\"EPC\") for Fiera Real Estate Investments Limited (\"Fiera Real Estate\").\n\nIn December of 2025\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4727220-1&h=3064574452&u=https%3A%2F%2Fpowerbankcorp.com%2Fnews%2Fpowerbanks-first-solar-project-under-development-for-fiera-real-estate-reaches-commercial-operation&a=In+December+of+2025)\n, the Company announced that the Project reached commercial operation. It has\nbeen selling power to the grid under Alberta's Small Scale Generation program.\n\nAs the demand for power across Canada continues to rise, PowerBank's\nexperience delivering EPC services across multiple provinces positions the\nCompany to support that growth. In Alberta specifically, the Alberta Electric\nSystem Operator has reported more than 20,000 MW of data center load requests\nseeking to connect to the provincial grid, compared to Alberta's current peak\ndemand of approximately 12,000 MW, and has confirmed that only about 1,200 MW\nof large new load can be reliably accommodated in the near term without\nadditional generation or system upgrades(1). With 100 MW of completed\nprojects, PowerBank's track record executing solar and energy storage projects\nacross Alberta, Ontario and other Canadian and U.S. markets provides the\ncross-jurisdictional development, permitting and construction expertise the\nCompany believes will be needed to help meet this growing demand for power.\n\nNotes\n\n[1]: Alberta Electric System Operator, \"Update on Data Centres,\" September\n2025, as cited in Gowling WLG, \"Powering the cloud: How Alberta is reshaping\nits electricity system for data centres,\" January 2026.\n\nAbout PowerBank Corporation\n\nPowerBank Corporation is a vertically integrated and independent North\nAmerican energy company helping to power the digital economy. The Company\ndevelops, builds, owns, and operates solar and battery energy storage systems\nthat deliver reliable and resilient power to the electricity grid, commercial\nand industrial clients, and municipal and residential off-takers. As AI and\ndigital infrastructure drive unprecedented electricity demand, PowerBank is\nuniquely positioned to deliver the speed, scale, and energy independence that\nthe next generation of power consumers requires, without waiting years for\npermitting and grid interconnection. The Company has a potential development\npipeline of over one gigawatt and has developed energy projects with a\ncombined capacity of over 100 megawatts built. To learn more about PowerBank,\nplease visit www.powerbankcorp.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4727220-1&h=3026614737&u=https%3A%2F%2Fwww.powerbankcorp.com%2F&a=www.powerbankcorp.com)\n.\n\nFORWARD-LOOKING STATEMENTS\n\nThis news release contains forward-looking statements and forward-looking\ninformation ‎within the meaning of Canadian securities legislation\n(collectively, \"forward-looking ‎statements\") that relate to the Company's\ncurrent expectations and views of future events. ‎Any statements that\nexpress, or involve discussions as to, expectations, beliefs, plans,\n‎objectives, assumptions or future events or performance (often, but not\nalways, through the ‎use of words or phrases such as \"will likely result\",\n\"are expected to\", \"expects\", \"will ‎continue\", \"is anticipated\",\n\"anticipates\", \"believes\", \"estimated\", \"intends\", \"plans\", \"forecast\",\n‎‎\"projection\", \"strategy\", \"objective\" and \"outlook\") are not historical\nfacts and may be ‎forward-looking statements and may involve estimates,\nassumptions and uncertainties ‎which could cause actual results or outcomes\nto differ materially from those expressed in ‎such forward-looking\nstatements. In particular and without limitation, this news release\n‎contains forward-looking statements pertaining to the Company's\nexpectations regarding its industry trends and overall market growth; and the\nsize of the Company's development pipeline. No assurance ‎can be given that\nthese expectations will prove to be correct and such forward-looking\n‎statements included in this news release should not be unduly relied upon.\nThese ‎statements speak only as of the date of this news release.‎\n\nForward-looking statements are based on certain assumptions and analyses made\nby the Company in light of the experience and perception of historical trends,\ncurrent conditions and expected future developments and other factors it\nbelieves are appropriate, and are subject to risks and uncertainties. In\nmaking the forward looking statements included in this news release, the\nCompany has made various material assumptions, including but not limited to:\nobtaining the necessary regulatory approvals; that regulatory requirements\nwill be maintained; execution of definitive agreements for suitable solar or\nBESS sites; that power is available to be sufficient to support a modular data\ncenter; general business and economic conditions; the Company's ability to\nsuccessfully execute its plans and intentions; the availability of financing\non reasonable terms; the Company's ability to attract and retain skilled\nstaff; market competition; the products and services offered by the Company's\ncompetitors; that the Company's current good relationships with its service\nproviders and other third parties will be maintained; and government subsidies\nand funding for renewable energy will continue as currently contemplated.\nAlthough the Company believes that the assumptions underlying these statements\nare reasonable, they may prove to be incorrect, and the Company cannot assure\nthat actual results will be consistent with these forward-looking statements.\nGiven these risks, uncertainties and assumptions, investors should not place\nundue reliance on these forward-looking statements.\n\nWhether actual results, performance or achievements will conform to the\nCompany's expectations and predictions is subject to a number of known and\nunknown risks, uncertainties, assumptions and other factors, including those\nlisted under \"Forward-‎Looking Statements\" and \"Risk ‎Factors\" in the\nCompany's most recently completed Annual Information Form, and other public\nfilings of the Company, which include: the Company may be adversely affected\nby volatile solar power market and industry conditions; failure to execute\ndefinitive agreements for suitable solar or BESS sites; power availability may\nnot be sufficient to support a modular data center; the execution of the\nCompany's growth strategy depends upon the continued availability of\nthird-party financing arrangements; the Company's future success depends\npartly on its ability to expand the pipeline of its energy business in several\nkey markets; governments may revise, reduce or eliminate incentives and policy\nsupport schemes for solar and battery storage power; general global economic\nconditions may have an adverse impact on our operating performance and results\nof operations; the Company's project development and construction activities\nmay not be successful; developing and operating solar Project exposes the\nCompany to various risks; the Company faces a number of risks involving Power\nPurchase Agreements (\"PPAs\") and project-level financing arrangements; any\nchanges to the laws, regulations and policies that the Company is subject to\nmay present technical, regulatory and economic barriers to the purchase and\nuse of solar power; the markets in which the Company competes are highly\ncompetitive and evolving quickly; an anti-circumvention investigation could\nadversely affect the Company by potentially raising the prices of key supplies\nfor the construction of solar power projects; foreign exchange rate\nfluctuations; a change in the Company's effective tax rate can have a\nsignificant adverse impact on its business; seasonal variations in demand\nlinked to construction cycles and weather conditions may influence the\nCompany's results of operations; the Company may be unable to generate\nsufficient cash flows or have access to external financing; the Company may\nincur substantial additional indebtedness in the future; the Company is\nsubject to risks from supply chain issues; risks related to inflation and\ntariffs; unexpected warranty expenses that may not be adequately covered by\nthe Company's insurance policies; if the Company is unable to attract and\nretain key personnel, it may not be able to compete effectively in the\nrenewable energy market; there are a limited number of purchasers of\nutility-scale quantities of electricity; compliance with environmental laws\nand regulations can be expensive; corporate responsibility may adversely\nimpose additional costs; the future impact of any global pandemic on the\nCompany is unknown at this time; the Company has limited insurance coverage;\nthe Company will be reliant on information technology systems and may be\nsubject to damaging cyberattacks; the Company may become subject to\nlitigation; there is no guarantee on how the Company will use its available\nfunds; the Company will continue to sell securities for cash to fund\noperations, capital expansion, mergers and acquisitions that will dilute the\ncurrent shareholders; and future dilution as a result of financings.\n\nThe Company undertakes no obligation to update or revise any\n‎forward-looking statements, whether as a result of new information, future\nevents or ‎otherwise, except as may be required by law. New factors emerge\nfrom time to time, and it ‎is not possible for the Company to predict all of\nthem, or assess the impact of each such ‎factor or the extent to which any\nfactor, or combination of factors, may cause results to ‎differ materially\nfrom those contained in any forward-looking statement. Any forward-‎looking\nstatements contained in this news release are expressly qualified in their\nentirety by ‎this cautionary statement.‎\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/certificate-of-final-completion-received-for-engineering-procurement-and-construction-agreement-with-fiera-real-estate-302819983.html\n(https://www.prnewswire.com/news-releases/certificate-of-final-completion-received-for-engineering-procurement-and-construction-agreement-with-fiera-real-estate-302819983.html)\n\nSOURCE PowerBank Corporation\n\n\n\nFor further information, please contact:‎ PowerBank Corporation, Tracy Zheng, Email: ir@powerbankcorp.com, Phone: 289.439.4718\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1698220/PowerBank-Corporation-Certificate-of-Final-Completion-Received-f.jpg?id=OA2754262\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-07-08T11:07:00.088662333Z","server_sent_at_ms":1783508820088},"received_at":"2026-07-08T11:07:00.155Z","source_url":"https://www.prnewswire.com/news-releases/certificate-of-final-completion-received-for-engineering-procurement-and-construction-agreement-with-fiera-real-estate-302819983.html"},"analysis":{"id":"72191","press_release_id":"83133","analysis_json":{"industry":{"label":"Independent Power and Renewable Electricity Producers","sector":"Utilities"},"redFlags":[],"eventType":"operations_update","narrative":"PowerBank received the certificate of final completion for a 1.45 MW DC rooftop solar project in Calgary, Alberta, developed under an EPC agreement with Fiera Real Estate.\n\nThe project had already reached commercial operation in December 2025 and has been selling power to the grid under Alberta's Small Scale Generation program.\n\nManagement highlighted the company's 100 MW of completed projects and a pipeline exceeding 1 GW to address rising data center demand in the region.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":""},"keyFigures":{"customDimensions":{"project_capacity":"1.45 MW DC","development_pipeline":">1 GW","total_completed_capacity":"100 MW","alberta_near_term_capacity":"1,200 MW","alberta_current_peak_demand":"12,000 MW","alberta_data_center_load_requests":"20,000 MW"}},"quotedText":"","namedEntities":{"people":[{"name":"Tracy Zheng"}],"products":["1.45 MW DC rooftop solar project"],"companies":[{"name":"Fiera Real Estate Investments Limited","relationship":"client"},{"name":"Alberta Electric System Operator","relationship":"regulator"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Routine administrative milestone (receipt of final completion certificate) for a small 1.45 MW project that had already reached commercial operation six months prior. Represents only ~1.5% of the company's total completed capacity."},"tickerRelevance":{"others":[],"primary":"PBK"},"globalImportance":10,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"operational_milestone","sectorWeight":"utilities"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":1,"narrative":"PowerBank received the certificate of final completion for a 1.45 MW DC rooftop solar project in Calgary, Alberta, developed under an EPC agreement with Fiera Real Estate.\n\nThe project had already reached commercial operation in December 2025 and has been selling power to the grid under Alberta's Small Scale Generation program.\n\nManagement highlighted the company's 100 MW of completed projects and a pipeline exceeding 1 GW to address rising data center demand in the region.","key_figures":{"customDimensions":{"project_capacity":"1.45 MW DC","development_pipeline":">1 GW","total_completed_capacity":"100 MW","alberta_near_term_capacity":"1,200 MW","alberta_current_peak_demand":"12,000 MW","alberta_data_center_load_requests":"20,000 MW"}},"named_entities":{"people":[{"name":"Tracy Zheng"}],"products":["1.45 MW DC rooftop solar project"],"companies":[{"name":"Fiera Real Estate Investments Limited","relationship":"client"},{"name":"Alberta Electric System Operator","relationship":"regulator"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-08T11:29:54.555Z","global_importance":10,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"operational_milestone","sectorWeight":"utilities"}},"durationMs":142420,"modelName":"george-droid-qwen-72b"}}