Revolve Renewable Power Expands Clean Energy Portfolio Despite Fiscal Losses
Vancouver, Wednesday, 21 October 2026.
Revolve Renewable Power reported its fiscal 2026 results, achieving a 7% increase in recurring revenues while securing over $35 million in fresh financing to expand North American clean energy operations.
Fiscal Year 2026 Financial Performance
Revolve Renewable Power Corp. (CSE: REVV, OTCQB: REVVF) released its fiscal year 2026 financial results on October 20, 2026, covering the period ending June 30, 2026 [1]. Total revenue for the fiscal year was reported at $2,395,384, representing a decrease from the $3,983,226 recorded in fiscal year 2025 [1]. This shift reflects a -39.863 change in total revenue year-over-year [1]. Despite the decline in total revenue, recurring revenue from operating activities demonstrated resilience, increasing approximately 7% to $2,395,384 compared to $2,241,357 in the previous fiscal year [1]. The company reported a net loss of $4,866,082 for fiscal 2026, widening from the $2,590,122 loss recorded in fiscal 2025 [1]. As of June 30, 2026, cash reserves stood at $3,639,716 [1].
Strategic Financing and Acquisitions
Following the fiscal year end, the company executed significant capital strategies to fund expansion. On July 31, 2026, Revolve entered and fully drew an $11 million bridge credit facility with Whitfield Power Solutions, LLC, an affiliate of Callaway Capital Management LLC [1]. This capital was allocated to fund Ontario battery storage and Horseshoe Bend acquisitions [1]. Subsequently, on August 27, 2026, the company secured a MXN$450 million project-level financing facility from Banco Multiva for Mexico-based distributed generation projects [1]. The total value of the Mexico facility is approximately US$24 million, with an initial drawdown of MXN$128.8 million (US$7.7 million) [1]. Additionally, agreements were signed to acquire the 9.6 MW Horseshoe Bend Wind Project for US$10.48 million [3].
Operational Capacity and Risk Factors
Revolve Renewable Power currently owns and operates run-of-river, wind, and solar projects with a total capacity of 27 megawatts [2]. The company maintains a development portfolio exceeding 3,000 megawatts across North America [2]. Myke Clark, CEO, noted that fiscal 2026 was a year of substantial investment in the next phase of growth, focusing on growing recurring revenue and recycling capital into additional operating opportunities [1]. However, the company issued disclaimers regarding forward-looking information, specifically noting risks related to the Horseshoe Bend Wind Project such as adverse weather conditions and fluctuating electricity prices [1]. The Canadian Securities Exchange has stated it does not accept responsibility for the adequacy or accuracy of the contents of this press release [1].