Press Release


Pacific Green Completes Transaction to Sell Its 99MW Richborough Energy Park Battery Development for GBP 74 Million (US$93 Million)
Jun 28, 2023 21:00 JST
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.a.r.l, an energy transition focused fund for GBP74 million (US$93 million).
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Pacific Green Enters into An Agreement to Sell Its 99MW Richborough Energy Park Battery Development For GBP 74 Million (US$93 million)
Jun 13, 2023 21:00 JST
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.a.r.l. for GBP 74 million (US$93 million).
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Alex Shead Appointed as an Independent Director of Pacific Green Technologies, Inc.
Oct 19, 2022 21:00 JST
Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK) announces that Alexander Shead has been appointed as an Independent Director, effective October 16th, 2022. Alex previously served as Executive Director for the Company from July 2016 to October 2020.
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Pacific Green Successfully Executes Its Transition to Renewable Energy Recurring Income Model and Announces Its Annual Report for Year Ending March 31, 2022
Aug 11, 2022 05:00 JST
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.
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Pacific Green Reaches Financial Close for GBP28.25 Million (US$34.90 Million) of Funding for its 99.98 MW Richborough Energy Park Battery Development
Jun 21, 2022 21:00 JST
Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK)) announces that it has reached financial close ("Financial Close") for GBP28.25 million (US$34.90 million) of senior debt for the Company's 99.98 MW battery energy storage system ("BESS") at Richborough Energy Park.
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Pacific Green and Shell Enter Into Energy Optimisation Agreement for Pacific Green's 99.98 MW Richborough Energy Park Battery Development
Jun 08, 2022 21:00 JST
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").
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Pacific Green Appoints the Principal Contractor and Operations & Maintenance Provider for its Richborough Energy Park Battery Storage System in the UK
May 31, 2022 21:00 JST
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.
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Pacific Green Signs Purchase Agreement for 99.98 MW Battery Energy Storage System for Its First Battery Energy Park in the UK
May 25, 2022 21:00 JST
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").
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Green Power Reserves Becomes Equity Partner in Pacific Green's 99.98 Mw Richborough Energy Park Battery Development
May 12, 2022 21:00 JST
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 GBP13 million (US$16.0 million) for a fifty percent shareholding in Pacific Green Battery Energy Parks 1 Limited ("PGBEP").
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Pacific Green Makes Key Appointment as it Enters the Commercial Marine Wind Propulsion Technology Sector
Dec 16, 2021 22:00 JST
Pacific Green Marine Technologies Inc. a fully owned subsidiary of Pacific Green Technologies Inc. ("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.
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Pacific Green Confirms Its Intent to Acquire Tupa Energy Limited Owned Sheaf Energy Limited, a 249 MW Battery Energy Storage Development in the UK
Sep 28, 2021 21:00 JST
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 wholly-owned by Tupa.
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Pacific Green Signs Offer for Debt Finance for Its First Battery Energy Storage Development at Richborough Energy Park
Sep 21, 2021 21:00 JST
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 GBP23 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.
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Pacific Green Enters Exclusive Agreement to Develop 1.1GW of UK Based Battery Energy Storage Projects
Mar 18, 2021 22:00 JST
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 2023.
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Pacific Green Appoints Jose Lobo as Vice President of Business Development, Latin America
Feb 24, 2021 22:00 JST
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 1st, 2021.
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Pacific Green Appoints Peter Rossbach as Independent Director
Feb 04, 2021 22:00 JST
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.
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Pacific Green enters Framework Agreement with Sinopec for Projects Including Onshore and Offshore Wind Power, Photovoltaic Power and Comprehensive Energy Utilization
Jan 26, 2021 22:00 JST
Pacific Green Technologies, Inc. (OTCQB: PGTK) is pleased to announce wholly-owned subsidiary Pacific Green Technologies (Shanghai) Co. Ltd 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, development engineering and consulting services.
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Pacific Green Signs Battery Energy Storage System Strategic Manufacturing Framework Memorandum of Understanding with Shanghai Electric Gotion New Energy Technology Co Ltd
Jan 16, 2021 00:00 JST
Pacific Green Technologies, Inc. (the "Company" or "PGTK," (OTCQB:PGTK)) announces the signing of a Battery Energy Storage System Strategic Manufacturing Framework Agreement Memorandum of Understanding (the "Framework Agreement") with Shanghai Electric Gotion New Energy Technology Co., Ltd. ("SEG").
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Pacific Green Signs Joint-Venture Agreement with Amkest Group to Expand into the Kingdom of Saudi Arabia
Dec 02, 2020 22:00 JST
Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) is pleased to announce that it has signed a Joint-Venture Agreement ("JV") with Amr Khashoggi Trading Company Limited ("Amkest Group") to incorporate a company in the Kingdom of Saudi Arabia for the sale of Pacific Green's environmental technologies within the region.
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Pacific Green Builds Out Senior Management Team Appointing Xavier Lara As Senior Vice President, Concentrated Solar Power
Oct 27, 2020 21:00 JST
Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Xavier Lara as Senior Vice President, Concentrated Solar Power, effective October 26, 2020.
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Pacific Green Acquires Battery Energy Storage System Design Company Innoergy Limited
Oct 20, 2020 21:00 JST
Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces that it has acquired Innoergy Limited, a designer of battery energy storage systems whose clients include Osaka Gas Co. Ltd, in Japan, and Limejump Limited ("Limejump"), a subsidiary of Royal Dutch Shell plc. The acquisition marks PGTK's entry into the battery energy storage system market in conjunction with PGTK's joint venture partner, PowerChina SPEM.
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Pacific Green Marine Technologies Installs 100th ENVI-Marine(TM) Exhaust Gas Cleaning System
Sep 09, 2020 05:00 JST
Pacific Green Technologies, Inc. ("PGTK"; OTCQB:PGTK) announces that it has successfully installed its 100th ENVI-Marine™ exhaust gas cleaning system.
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Pacific Green Provides Business Activities Update
Jun 13, 2020 09:00 JST
Pacific Green Technologies, Inc. (the "Company" or "PGTK") (OTCQB:PGTK), developer of the ENVI-Marine(TM) emission control system (the "System"), today provides an update on the impact of the Pandemic on its business activities.
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Pacific Green Appoints KPMG LLP as Its Auditor
May 18, 2019 03:00 JST
Pacific Green Technologies Inc. (OTCQB: PGTK), is delighted to announce the appointment of KPMG LLP as its auditor.
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