Pink Sheets: Atlantic Wind & Solar, Inc. (AWSL) news stock charts
Atlantic Wind & Solar, Inc. (AWSL/AWSL.PK) Penny Investment Summary:
Atlantic Wind & Solar, Inc. finds, finances, and operates renewable energy projects in North America and the Caribbean. It focuses on solar, wind, and hybrid energy projects. Atlantic Wind & Solar offers its solutions for individual customers, and private and governmental markets. Atlantic Wind & Solar, Inc. was formerly known as Atlantic Wind & Solar Corp. The company is based in Coconut Groove, Florida.ATLANTIC WIND & SOLAR INC (AWSL:OTC)
Snapshot of ATLANTIC WIND & SOLAR INC (AWSL)
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OPEN
$2.05
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PREVIOUS CLOSE
$2.39
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DAY HIGH
$2.35
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DAY LOW
$2.05
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52 WEEK HIGH
10/22/09 - $4.84
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52 WEEK LOW
03/23/09 - $0.12
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MARKET CAP
--
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AVERAGE VOLUME 10 D
33.9K
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EPS TTM
--
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SHARES OUTSTANDING
0.0
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AWSL Does Not Pay Dividends
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P/E TTM
--
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Key developments for ATLANTIC WIND & SOLAR INC (AWSL)
Atlantic Wind and Solar Inc. announced that it is acquiring a 60% interest in Aim Global Energy Inc. The company seeks to make more acquisitions. The company stated: The Company intends to further expand in 2010 through strategically targeted acquisitions such as today's AIM Global Energy Inc. announcement.
Atlantic Wind & Solar, Inc. announced that it was approached by Canada Green ESCO Inc. and that, after being provided a term sheet, it has successfully completed $120 million financing agreement. The agreement paves the way for Atlantic Wind and Solar and its wholly owned subsidiary Atlantic Solar Inc. to aggressively proceed with its many solar projects and to expand its business in the Ontario rooftop solar business with funding as required. Under the terms of the agreement, Canada Green ESCO Inc. will facilitate up to 100% financing for the first round of projects totaling $120 million through combination of debt and equity. While CanadESCO can participate in up to as much as 100% of the equity portion, it is Atlantic's intention to participate in no less than 20% of the equity and as much as 50% in the case of a joint venture partnership with the landlord. There will be up to 100% of the equity in projects owned entirely by Atlantic. In any event, AWSL reserves the right to participate in some or all of the equity in each rooftop solar project. This financing agreement is conditional upon receiving approval for each project application from the Ontario Power Authority (OPA), which AWSL management is confident will be received without undue delay. Atlantic will draw down on the $120 million as each individual OPA FIT application approval is received. Further details of each draw down financing will be announced upon receipt of such approval(s) and funding draw down(s). This initial $120 million project financing is expected to fund all of AWSL's rooftop projects on hand and will also help to fund the company's aggressive rooftop solar marketing program and the ramp-up in the manufacture of its high-performance inverters, the 'heart' of its solar energy systems.
Atlantic Wind & Solar Inc. announced that, in keeping with its clear focus on extraordinary opportunities in the dynamic Ontario Solar Power market, it has selected Toronto, Ontario as the location for its headquarters. Located on Bay Street in the heart of Toronto's financial district, AWSL's new offices are being renovated for scheduled occupation in the first week of December 2009. The new address is 350 Bay Street, Suite 1201, Toronto, Ontario, Canada, M5H 2S6.
Atlantic Wind & Solar, Inc. financial resources
AWSL Competitors
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| No competitor information is available for AWSL. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | AWSL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 33.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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AWSL |
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AWSL transactions
| Type Date |
Target |
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Merger/Acquisition
March 17, 2010 |
Aim Global Energy Inc. |
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Spin-Off/Split-Off
January 4, 2010 |
Atlantic Wind Energy Corp. |
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Private Placement
December 24, 2009 |
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Pink Sheets: More Recent Financial News About Atlantic Wind & Solar, Inc.
Atlantic Wind and Solar to Acquire a 60% Interest in Its CIT Manufacturer AIM Global Energy Inc.
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Atlantic Wind and Solar Inc. Signs $120 Million Project Financing Agreement With Canada Green ESCO Inc.
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AWSL's Atlantic Solar Inc. Receives Letters of Intent From Green Energy Funds to Negotiate Major Financing Agreements
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AWSL Subsidiary Atlantic Solar Inc. Has Competitive Technological Advantage Through Its Advanced CIT -- Intends to Expand CIT Manufacturing
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AWSL's 47.5%-Owned Hybridyne Power Systems Canada Inc. and Change Energy Inc. Execute Promising MOU
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Atlantic Wind & Solar Inc. (AWSL) Signs Milestone Rooftop Solar Energy Agreement With Ontario Based, The Remington Group
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Atlantic Wind and Solar Raises an Additional $1,000,000 USD via Private Placement Financing to Fund Joint Venture Projects
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AWSL's 47.5% Affiliate HPSC Reports the Sale of a 2 MW Energy Park to Be Installed in Newcastle, Ontario
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Atlantic Wind and Solar Inc. Intends to Proceed With the Spin Off of Subsidiary AWE Engineering, Inc.
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Atlantic Wind and Solar Inc. Comments on Ontario's Renewable Energy Promotion Deal With South Korean Consortium
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Market Advisors, Inc. Issues Report on Atlantic Wind & Solar, Inc.
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AWSL Stock Dividend - Update Regarding Record & Payable Dates
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Atlantic Wind and Solar Inc. Comments on Ontario's Renewable Energy Promotion Deal With South Korean Consortium
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Market Advisors, Inc. Issues Report on Atlantic Wind & Solar, Inc.
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AWSL Stock Dividend - Update Regarding Record & Payable Dates
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Atlantic Wind and Solar Inc. Intends to Proceed With the Spin Off of Subsidiary AWE Engineering, Inc.
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