Westbridge Renewable Receives final transmission and connection approvals from the Alberta Utilities Commission for Dolcy Solar + Energy Storage Project

Executive Summary

• Westbridge Renewable’s subsidiary Dolcy Solar Inc. received final Transmission Line Permit, Licence and Connection Approval from the Alberta Utilities Commission for the Dolcy Solar + Energy Storage Project.
• The approval clears all discretionary permitting, moving the 300 MWac solar PV and 100 MW/200 MWh battery storage project to “Ready‑to‑Build” status.
• This is Westbridge’s third Alberta development reaching construction readiness, following the sale of the Georgetown and Sunnynook projects that generated $39 M and $23 M of non‑dilutive cash respectively.

Key Details

• Regulatory Approval: Decision 30228‑D01‑2025 from the AUC granting Transmission Line Permit & Licence and Connection Approval, including approval of the Needs Identification Document (AESO) and Facility Approvals for Dolcy Solar Inc. and AltaLink Management Ltd.
• Project Scope:
• Solar photovoltaic capacity up to 300 MWac.
• Battery Energy Storage System (BESS) capacity up to 100 MW / 200 MWh.
• Transmission line: Dolcy 948AL, connecting the facility to Alberta’s grid.
• Location: Municipal District of Wainwright No. 61, Alberta.
• Impact: Once operational, the project is expected to supply power to more than 58,000 Alberta homes.
• Milestone Status: Project now in “Ready‑to‑Build” stage; construction can commence pending financing and other execution steps.
• Historical Context:
• Georgetown Project sold to Metlen Energy & Metals (Dec 2023) – generated $39 M non‑dilutive cash.
• Sunnynook Project sold to Metlen Energy & Metals (Nov 2024) – generated $23 M non‑dilutive cash.
• Management Comments:
• Stefano Romanin, Director and CEO: highlighted the approval as the final regulatory milestone confirming Westbridge’s ability to advance projects from concept to construction readiness.
• Maggie McKenna, Director and COO: noted pride in achieving the milestone amid a challenging regulatory environment.

Notable Quotes

“This approval represents the final regulatory milestone for Dolcy, confirming our ability to originate and advance high‑quality renewable projects from concept to construction readiness.” – Stefano Romanin, Director & CEO

“We are proud to have achieved this important milestone for the Dolcy project, particularly in light of the challenging and ever‑evolving regulatory environment in this Province.” – Maggie McKenna, Director & COO