Mergers & Acquisitions
Revolve Renewable Power Agrees to Acquire Logan Energy Storage and 6 MW Ontario Battery Portfolio
By News Desk ·
Key takeaways
- Revolve Renewable Power agreed to acquire Logan Energy Storage ULC for CAD$1.5 million in cash.
- The deal adds three Ontario battery storage projects totaling 6 MW/11.7 MWh.
- On completion, Revolve's Ontario storage capacity is expected to reach about 20.2 MW/36.0 MWh across nine projects.
Revolve Renewable Power Corp. agreed to acquire Logan Energy Storage ULC for CAD$1.5 million in cash, adding three Ontario battery storage projects totaling 6 MW/11.7 MWh. TradingView carried the announcement. Revolve Renewable Power is a Vancouver-headquartered developer and owner of utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico.
Revolve's Logan Energy Storage Terms
Revolve agreed to pay CAD$1.5 million in cash for Logan Energy Storage ULC, which holds three battery energy storage projects in Ontario with combined capacity of 6 MW/11.7 MWh. Closing is subject to customary conditions, and the announcement did not give a closing date.
On completion, Revolve's Ontario storage capacity is expected to reach about 20.2 MW/36.0 MWh, spread across nine projects in the province. The company said the transaction follows its August acquisition of the Trillium storage portfolio.
The purchase price is small and all in cash. The three projects add operating scale in Ontario storage, a market for grid services.
Revolve's Storage Roll-Up in Company Records
According to akta.pro company records, Revolve completed the Trillium acquisition in August 2026, buying a 14.2 MW battery energy storage portfolio from Trillium Storage Limited Partnership and Trillium Storage GP Inc. for approximately CAD$7.63 million. The same records list a development portfolio of more than 3,000 megawatts across utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico, and an operating portfolio of 13 megawatts that produced 5,179,733 kWh of energy in Q2 FY2026, a 17% production increase year over year.
Revolve's Deals Before Logan
In August 2026, Revolve completed the Trillium acquisition of a 14.2 MW operating battery storage portfolio in Ontario for approximately CAD$7.63 million, Yahoo reported. In September 2026, Revolve entered an arrangement agreement with Whitfield Power Solutions to be acquired, offering shareholders $0.23 cash per share or one Class B Unit per 10,000 shares, Newswire reported. In October 2026, Revolve reported an FY2026 net loss of $4.87 million, compared with $2.59 million in FY2025, on revenue of $2.395 million versus $3.98 million, Stock Titan reported.