Irish renewables firm raises nearly €5m ahead of Canadian listing

Following reverse takeover, Revolve plans to use funds to speed up projects to produce 3,000 MW in US and Mexico

Steve Dalton, chief executive, Revolve Renewable Power, has raised €4.8 million in two tranches from investors in recent months in the lead up to its stock market debut on the Toronto venture exchange. Picture: Fergal Philips

Revolve Renewable Power, an Irish firm that develops energy assets, will list on a Canadian stock exchange in the coming weeks once it completes the reverse takeover of another firm.

The company, which is led by chief executive Steve Dalton, has raised €4.8 million in two tranches from investors in recent months in the lead-up to its stock market debut on the Toronto venture exchange. It plans to use the funds to accelerate its pipeline ...