Pardee Resources Company: Solar PV Investment
Pardee Resources Company (OTC: PDER) has announced a significant renewable energy investment through its subsidiary, Pardee Renewable Energy LLC. The company will invest $15.2 million for a 90% equity stake in four renewable energy partnerships focused on installing solar photovoltaic systems.
The project involves installing 4.6 MW capacity solar PV systems on nine public schools in Roanoke, Virginia, partnering with Secure Solar Futures. The investment will be partially funded through $8.3 million in commercial bank loans at the partnership level and qualifies for federal investment tax credits. Installation is scheduled for completion in Q4 2025.
Pardee Resources Company (OTC: PDER) ha annunciato un importante investimento nelle energie rinnovabili tramite la sua controllata, Pardee Renewable Energy LLC. L'azienda investirà 15,2 milioni di dollari per acquisire una partecipazione azionaria del 90% in quattro partnership dedicate all'installazione di sistemi fotovoltaici solari.
Il progetto prevede l'installazione di sistemi solari fotovoltaici con una capacità totale di 4,6 MW in nove scuole pubbliche di Roanoke, Virginia, in collaborazione con Secure Solar Futures. L'investimento sarà parzialmente finanziato tramite 8,3 milioni di dollari in prestiti bancari commerciali a livello di partnership e beneficia di crediti d'imposta federali per gli investimenti. L'installazione è prevista per il quarto trimestre del 2025.
Pardee Resources Company (OTC: PDER) ha anunciado una inversión significativa en energías renovables a través de su subsidiaria, Pardee Renewable Energy LLC. La compañía invertirá 15.2 millones de dólares por una participación accionaria del 90% en cuatro asociaciones centradas en la instalación de sistemas fotovoltaicos solares.
El proyecto consiste en instalar sistemas solares fotovoltaicos con una capacidad de 4.6 MW en nueve escuelas públicas en Roanoke, Virginia, en colaboración con Secure Solar Futures. La inversión se financiará parcialmente mediante 8.3 millones de dólares en préstamos bancarios comerciales a nivel de asociación y califica para créditos fiscales federales por inversión. La instalación está programada para completarse en el cuarto trimestre de 2025.
Pardee Resources Company (OTC: PDER)가 자회사 Pardee Renewable Energy LLC를 통해 대규모 재생 에너지 투자를 발표했습니다. 회사는 태양광 발전 시스템 설치에 중점을 둔 네 개의 재생 에너지 파트너십에 대해 1,520만 달러를 투자하여 90% 지분을 확보할 예정입니다.
이 프로젝트는 버지니아주 로어노크에 위치한 아홉 개의 공립학교에 4.6MW 용량의 태양광 시스템을 설치하는 것으로, Secure Solar Futures와 협력합니다. 투자는 파트너십 차원에서 830만 달러의 상업 은행 대출로 부분 자금 조달되며, 연방 투자 세액 공제 혜택을 받습니다. 설치는 2025년 4분기 완료 예정입니다.
Pardee Resources Company (OTC : PDER) a annoncé un investissement majeur dans les énergies renouvelables via sa filiale, Pardee Renewable Energy LLC. La société investira 15,2 millions de dollars pour une participation de 90 % dans quatre partenariats axés sur l'installation de systèmes photovoltaïques solaires.
Le projet consiste à installer des systèmes photovoltaïques solaires d'une capacité de 4,6 MW dans neuf écoles publiques de Roanoke, Virginie, en partenariat avec Secure Solar Futures. L'investissement sera partiellement financé par 8,3 millions de dollars de prêts bancaires commerciaux au niveau du partenariat et bénéficie de crédits d'impôt fédéraux pour investissement. L'installation est prévue pour le quatrième trimestre 2025.
Pardee Resources Company (OTC: PDER) hat eine bedeutende Investition in erneuerbare Energien über seine Tochtergesellschaft Pardee Renewable Energy LLC angekündigt. Das Unternehmen wird 15,2 Millionen US-Dollar für eine 90%ige Beteiligung an vier Partnerschaften investieren, die sich auf die Installation von solar-photovoltaischen Systemen konzentrieren.
Das Projekt umfasst die Installation von 4,6 MW Leistung an Solar-PV-Systemen an neun öffentlichen Schulen in Roanoke, Virginia, in Zusammenarbeit mit Secure Solar Futures. Die Investition wird teilweise durch 8,3 Millionen US-Dollar an kommerziellen Bankkrediten auf Partnerschaftsebene finanziert und qualifiziert sich für bundesstaatliche Investitionssteuergutschriften. Die Installation soll im 4. Quartal 2025 abgeschlossen sein.
- Investment of $15.2 million for 90% equity stake in renewable energy partnerships
- Project qualifies for federal investment tax credits
- Strategic expansion into educational sector solar installations
- Partial financing secured through $8.3 million in commercial bank loans
- Significant project execution risk with multiple installation sites
- Substantial dependence on bank financing
- Project completion timeline pressure with Q4 2025 deadline
RADNOR,Pa., July 28, 2025 /PRNewswire/ -- Pardee Resources Company (OTC: PDER) (the "Company") reports that its subsidiary, Pardee Renewable Energy LLC, recently agreed to invest
In addition to historical statements, this press release contains statements relating to future events and our future results. These statements are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our judgments and future expectations concerning our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, difficult economic conditions and other risks and uncertainties. As a result, these forward-looking statements may turn out to be incorrect. We are under no obligation to (and expressly disclaim any obligation to) update or alter these forward-looking statements whether as a result of new information, future events or otherwise.
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SOURCE Pardee Resources Company
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