SolarBank Corporation

About SolarBank Corporation

SolarBank Corporation is an established and trusted developer, engineer, builder, and asset operator focused on accelerating the North American energy transition towards Net-Zero carbon emissions through solar power projects.

Products & Services

Behind-the-Meter (BTM) Solar Power Gardens:Solar power solutions for commercial, industrial, and municipal clients directly connected to their facilities.

Grid-Connected Community Solar Plants:Solar plants that provide energy to local communities through the grid.

Utility-Scale Solar Farms:Large-scale solar projects designed for utility off-takers to supply significant power capacity.

Sustainable Data Centers:Computing infrastructure powered entirely by renewable energy sources.

Specialties

Solar Project Development Solar Plant Operations and Maintenance Behind-the-Meter Solar Solutions Grid-Connected Solar Plants Utility-Scale Solar Farms Renewable Energy Financing

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: At-the-Market Equity T: - FT: At-the-Market Equity	A: 15000000 MR: - FA: US$15,000,000 FAN: 15000000	D: 2025-06-05 FD: 2025-06-05	3 investors
2	RT: Shelf Offering T: - FT: Shelf Offering	A: 200000000 MR: - FA: C$200 million FAN: 200000000	D: 2025-05-08 FD: 2025-05-08	-
3	RT: Preferred Equity T: - FT: Preferred Equity	A: 100000000 MR: - FA: US$100 million FAN: 100000000	D: 2025-05-06 FD: 2025-05-06	1 investors
4	RT: Equity Financing T: - FT: Equity Financing	A: 8500000 MR: - FA: approximately US$8.5 million FAN: 8500000	D: 2025-03-24 FD: 2025-03-24	1 investors
5	RT: Equity Financing T: - FT: Equity Financing	A: 8500000 MR: - FA: up to US$19 million FAN: 8500000	D: 2025-03-21 FD: 2025-03-21	1 investors
6	RT: Government Grant T: - FT: Government Grant	A: 1058616 MR: - FA: 1,058,616 USD FAN: 1058616	D: 2025-03-20 FD: 2025-03-20	-
7	RT: Debt T: - FT: Debt	A: 25800000 MR: - FA: $25.8 million FAN: 25800000	D: 2024-12-16 FD: 2024-12-16	1 investors
8	RT: Debt T: - FT: Debt	A: 3000000 MR: - FA: $3 million FAN: 3000000	D: 2024-11-27 FD: 2024-11-27	1 investors
9	RT: Loan and Royalty T: - FT: Loan and Royalty	A: 2160000 MR: - FA: CAD $3.0 Million FAN: 2160000	D: 2024-11-27 FD: 2024-11-27	1 investors
10	RT: Grant T: - FT: Grant	A: 1500000 MR: - FA: $1.5 million FAN: 1500000	D: 2024-09-26 FD: 2024-09-26	1 investors
11	RT: Debt T: - FT: Debt	A: 2600000 MR: - FA: US$2,600,000 FAN: 2600000	D: 2024-06-24 FD: 2024-06-24	1 investors
12	RT: Debt T: - FT: Debt	A: 20000000 MR: - FA: up to US$20 million FAN: 20000000	D: 2023-08-21 FD: 2023-08-21	1 investors
13	RT: Reimbursement T: - FT: Reimbursement	A: 6330000 MR: - FA: $6.33 million FAN: 6330000	D: 2023-06-05 FD: 2023-06-05	-
14	RT: Base Shelf Prospectus T: - FT: Base Shelf Prospectus	A: 200000000 MR: - FA: C$200 million FAN: 200000000	D: 2023-05-03 FD: 2023-05-03	-
15	RT: Debt T: - FT: Debt	A: 3100000 MR: - FA: 3.1 million FAN: 3100000	D: 2023-03-09 FD: 2023-03-09	-
16	RT: Initial Public Offering (IPO) T: - FT: Initial Public Offering (IPO)	A: 6037500 MR: - FA: $6,037,500 FAN: 6037500	D: 2023-03-02 FD: 2023-03-02	-
17	RT: Initial Public Offering (IPO) T: - FT: Initial Public Offering (IPO)	A: 6037500 MR: - FA: $6,037,500 FAN: 6037500	D: 2023-03-01 FD: 2023-03-01	1 investors
18	RT: Initial Public Offering (IPO) T: - FT: Initial Public Offering (IPO)	A: 5250000 MR: - FA: $5,250,000 FAN: 5250000	D: 2023-02-13 FD: 2023-02-13	1 investors

At-the-Market Equity Latest

2025-06-05

$15.0M

3 investors (Pro only)

Shelf Offering 2025-05-08

$200.0M

Preferred Equity 2025-05-06

$100.0M

View 17 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

R

Richard Lu

President & CEO, Director

S

Sam Sun

Chief Financial Officer

A

Andrew van Doorn

Chief Operating Officer

T

Tracy Zheng

Chief Development Officer

M

Matt Wayrynen

CEO

O

Olen Aasen

Director

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