DOVER, DE, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) announces that it has amended some material accounting policies following extensive engagement with its auditors. These updates will be reflected retrospectively in the filings from December 2023. These adjustments have no impact on Pacific Green’s reported net income, cash balance or net assets. The updates reflect... Read More

Sydney, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Pacific Green , a global battery energy storage company, has secured a parcel of land in Wagga Wagga, New South Wales, where it proposes to establish its next Australian energy park. The land is strategically co-located near TransGrid’s existing Wagga 330 kV substation and 16 km from the town of Wagga Wagga. A future grid connected battery energy park in this location will strengthen... Read More

Dover, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) announces that Pacific Green Energy Parks Australia Pty Ltd., a wholly owned subsidiary of Pacific Green, has appointed Azure Capital to advise on the sale of the 250 MW / 500 MWh Limestone Coast Energy Park battery energy storage system (“Limestone Coast Battery Energy Park”) Pacific Green is developing near Mount... Read More

Melbourne, July 17, 2024 (GLOBE NEWSWIRE) -- Pacific Green , a global battery energy storage company, has achieved planning consent from the South Australian Government for its first two grid-scale battery energy parks in the Limestone Coast region of South Australia. The Limestone Coast Energy Park assets will consist of a 0.5GW / 1.5 GWh battery energy storage system developed and constructed in two phases over the next 36... Read More

DOVER, DE, June 25, 2024 (GLOBE NEWSWIRE) -- - Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) plans to acquire a majority stake in two Polish battery energy storage projects from an international developer present in the Polish Market. The balance of shares in each 50MW project will be acquired upon the realisation of project milestones. The deal marks Pacific Green’s entry into the Polish market, with the... Read More

Company doubles down on BESS as a priority focus in 2024, having expanded its global pipeline to 6GWh in 2023. Australia and Italy are hotspots for significant expansion of origination portfolio, alongside entry into Polish market. Further expansion of UK portfolio, as pioneering Richborough project enters first full year of operation and construction is underway at huge Sheaf project. DOVER, DE, Feb. 06, 2024 (GLOBE... Read More

London, Dec. 21, 2023 (GLOBE NEWSWIRE) -- A battery storage project developed by Pacific Green , and owned by the Sosteneo Energy Transition Fund, a fund managed by Milan based investment manager Sosteneo Infrastructure Partners, is now connected and energised on the electricity transmission network following work by National... Read More

Dover, DE, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) is celebrating a year of significant progress in its mission to build a global pipeline of grid-scale Battery Energy Storage Systems (BESS). In 2023, the business has hit a series of key strategic milestones for its international pipeline of BESS sites in development or construction, which now approaches 6 GWh of... Read More

London, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that Sheaf Energy Limited, a wholly-owned subsidiary of Pacific Green, has entered into an agreement with SSE Energy Supply Limited (“SSE”) wherein SSE will provide trading and optimization services for the 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system (“Sheaf Energy Park”) that Pacific... Read More

Dover, DE, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Pacific Green Battery Energy Park (Italia) Srl, a wholly-owned subsidiary of Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB: PGTK)) announces that it has acquired 51% of the shares in five Italian projects (the “Projects”) from Sphera Energy Srl. The remaining 49% of the shares of each Project will be acquired on achievement of certain development... Read More

London, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Pacific Green is happy to report that control of the first stage of the 99.8 MWh Richborough Battery Energy Park (“REP2”) has been handed over to Shell Energy Europe Limited (“Shell”) which will provide dispatch trading and optimisation services after testing is concluded. During the w/c the 6th of November, all the REP2 testing and commissioning was successfully completed to the... Read More

Dover, DE, Nov. 09, 2023 (GLOBE NEWSWIRE) -- / Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) announces that Pacific Green Technologies (Australia) Pty Ltd., a wholly owned subsidiary of Pacific Green, has entered into an exclusivity agreement to secure a strategically located land site in Limestone Coast, South Australia to develop a 0.5 GW / 1.0 GWh battery energy park (the “Project”). The Project will... Read More

Dover, DE, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that it has entered into a transaction to sell 100% of the shares in Pacific Green Battery Energy Parks 2 Limited (“PGBEP2”) to Sosteneo Fund 1 HoldCo S.à.r.l. (“Sosteneo HoldCo”) for £210 million (US$258 million) (the “Transaction”). PGBEP2 is the holding company for 100% subsidiary, Sheaf Energy Limited,... Read More

Dover, DE, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that it has reached financial close on a £120 million (US$146 million) senior debt facility (the “Facility”) for Pacific Green’s 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system in Kent, England (“Sheaf Energy Park”). The Facility is provided by a two-bank syndicate, with National... Read More

Dover, DE, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) today announced the appointment of Dane Wilkins as Managing Director of its Pacific Green Energy Parks Europe division, a wholly owned subsidiary of Pacific Green. Dane will take up the post in November 2023 and joins from leading advisory firm Jones Lang LaSalle (JLL), where he was European Head of Energy and... Read More

Dover, DE, Oct. 06, 2023 (GLOBE NEWSWIRE) -- / Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB: PGTK) announces that Pacific Green Technologies (Australia) Pty Ltd., a wholly-owned subsidiary of Pacific Green, has entered into an exclusivity agreement to secure strategic land sites in Portland, Victoria to develop 1.0 GW / 2.5 GWh of battery energy parks (the “Project”). Following Pacific Green’s successful... Read More

DOVER, DE / ACCESSWIRE / September 20, 2023 / Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK)) announces that James Tindal-Robertson has been appointed as Chief Financial Officer, effective September 20 th , 2023. James, who takes over from retiring Richard Fraser-Smith, will oversee all finance and accounting functions for Pacific Green. James was previously group Finance Director at... Read More

DOVER, DE / ACCESSWIRE / June 28, 2023 / Pacific Green Technologies , Inc. ("Pacific Green"), (OTCQB:PGTK) announces that it has completed the sale of 100% of the shares in Pacific Green Battery Energy Parks 1 Limited ("PGBEP1") to Sosteneo Fund 1 HoldCo S.à.r.l, an energy transition focused fund for £74 million (US$93 million). PGBEP1 is the holding company for 100% subsidiary, Richborough Energy Park Limited, Pacific... Read More

DOVER, DE / ACCESSWIRE / June 13, 2023 / Pacific Green Technologies, Inc. ("Pacific Green"), (OTCQB:PGTK) announces that it has entered into a sale and purchase agreement ("Agreement") to sell 100% of the shares in Pacific Green Battery Energy Parks 1 Limited ("PGBEP1") to Sosteneo Fund 1 HoldCo S.à.r.l. for £74 million (US$93 million). PGBEP1 is the holding company for 100% subsidiary, Richborough Energy Park Limited,... Read More

Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK) announces that Alexander Shead has been appointed as an Independent Director, effective October 16 th , 2022. Alex previously served as Executive Director for the Company from July 2016 to October 2020. Alex is Chairman of Lockton Pacific (2012-present), a subsidiary of Lockton Companies, Inc., the world's largest privately held, independent... Read More

Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK)) announces that it has successfully completed its first milestone in the process of diversifying and regularizing its income streams. Pacific Green is transitioning from a single technology equipment provider in the marine sector to an asset-driven "build-own-operate" renewable energy and battery energy storage system ("BESS") development... Read More

Pacific Green Technologies, Inc . (the "Company" or "Pacific Green", (OTCQB:PGTK)) announces that it has reached financial close ("Financial Close") for £28.25 million (US$34.90 million) of senior debt for the Company's 99.98 MW battery energy storage system ("BESS") at Richborough Energy Park. The senior debt, in conjunction with the equity investment by Green Power Reserves Limited, will provide the Company with the... Read More

Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK) announces that it has entered into an agreement with Shell Energy Europe Limited ("Shell") wherein Shell will provide dispatch trading and optimisation services for the 99.98 MW Richborough Energy Park battery energy storage system ("BESS") the Company is developing in Kent, England (the "Agreement"). Under the terms of the Agreement, Pacific... Read More

Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK)) announces that it has entered into an agreement with Instalcom Limited ("Instalcom") to be the principal contractor (the "Principal Contractor Agreement") for its 99.98 MW battery energy storage system ("BESS") in development at Richborough Energy Park in Kent, England. The award of this Principal Contractor Agreement, in conjunction with the... Read More

Pacific Green Technologies, Inc . (the "Company" or "PGTK", (OTCQB:PGTK)) announces the signing of an agreement with Shanghai Electric Gotion New Energy Technology Co., Ltd. ("Shanghai Electric Gotion") to supply the battery energy storage system ("BESS") for its 99.98 MW battery energy park the Company is developing at Richborough Energy Park in Kent, England (the "Agreement"). The Agreement, which is part of the strategic... Read More

Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces that it has entered into an agreement with Green Power Reserves Limited ("GPR"), wherein GPR has made an equity investment of £13 million (US$16.0 million) for a fifty percent shareholding in Pacific Green Battery Energy Parks 1 Limited ("PGBEP"). The proceeds from the investment will be used to provide the equity financing for the... Read More

Pacific Green Makes Key Appointment as it Enters the Commercial Marine Wind Propulsion Technology Sector Pacific Green Marine Technologies Inc. a fully owned subsidiary of Pacific Green Technologies Inc . ("PGTK") (OTCQB:PGTK) has appointed wind propulsion technology expert George Thompson as a lead consultant to assist the group entering the rapidly expanding wind propulsion market in the marine sector. George Thompson... Read More

Pacific Green Energy Storage (UK) Limited ("PGES(UK)"), a wholly-owned subsidiary of Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)), announces that under the terms of its framework agreement (the "Agreement") with Tupa Energy Limited ("Tupa"), it has confirmed its intent to acquire Sheaf Energy Limited ("SEL"), a Kent, England-based 249 MW battery energy storage system ("BESS") development... Read More

Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces that it has signed an offer letter from Close Leasing Limited ("CLL"), wherein CLL will provide debt financing of £23 million (US$31.6 million) for the construction of a 99.8 MW battery energy storage system ("BESS") the Company is developing in Kent, England. The BESS development, which is located at Richborough Energy Park, will be developed... Read More

Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces that it has entered into an exclusive agreement to develop up to 1,100MW of battery energy storage systems ("BESS") in the United Kingdom ("UK") sourced by TUPA Energy Limited ("TUPA"). As part of the TUPA agreement, the Company has also today acquired the rights to 100MW of BESS in Kent, UK, and plans to conclude the remaining 1,000MW by... Read More

Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Jose Lobo as Vice President of Business Development, Latin America, effective February 1 st , 2021. Over the last 20 years, Jose Lobo has been developing green energy projects throughout Latin America with a specific focus on wind turbines, concentrated solar power (CSP), hydro and photovoltaic (PV) power generation... Read More

Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Peter Rossbach as Non-Executive and Independent Director, effective February 1st, 2021. Peter Rossbach has worked in the renewable power sector since 1985 starting with Standard & Poor rating renewable projects bonds in California. Peter moved to Catalyst Energy, a developer of hydro and cogeneration projects before becoming... Read More

Pacific Green Technologies, Inc. (the "Company" or "Pacific Green," (OTCQB:PGTK)) is pleased to announce that a wholly owned subsidiary of Pacific Green Technologies (Shanghai) Co. Limited has signed a Framework Agreement (the "Agreement") with SINOPEC Star Co., Ltd. ("SINOPEC Star"), a subsidiary of SINOPEC, the world's largest oil refining, gas and petrochemical conglomerate headquartered in Beijing to provide design,... Read More