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PowerBank Corporation announced the execution of a lease agreement for the 3.2 MW Scofield solar project in Broome…

PBKPOWERBANK Corp

PowerBank Corporation announced the execution of a lease agreement for the 3.2 MW Scofield solar project in Broome County, New York, which has an estimated construction value of $8 million USD and an expected Investment Tax Credit value of $3.2 million USD. The company also amended several executive officer and advisor consulting agreements to increase monthly fees, with some increases contingent on future financing. PowerBank Corporation is a vertically integrated energy company that develops, builds, owns, and operates solar and battery energy storage systems.

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