PowerBank's Subsidiary Executes Agreement With Honeywell International To Offer Operations, Maintenance Services For 21 Megawatts Portfolio
PowerBank Corporation (NASDAQ: PBK ) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, is pleased to announce its wholly owned subsidiary Abundant Solar Power Inc. has executed an Operations and Maintenance Services Agreement (the "Agreement") with Honeywell International Inc. (NASDAQ: HON ) ("Honeywell" or "HON") to provide operations and maintenance services for a 21 MW portfolio of three projects named SB 13-1, SB 13-2, and SB-14 (the "Projects"). The Projects are built on an industrial brownfield owned by Honeywell, which is regulated by the New York State Department of Environmental Conservation. The Projects have been moved from Honeywell International Inc. to Honeywell Aerospace Inc., following the planned spinoff of Honeywell Aerospace on June 29, 2026.
PowerBank Corporation (NASDAQ: PBK ) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, is pleased to announce its wholly owned subsidiary Abundant Solar Power Inc. has executed an Operations and Maintenance Services Agreement (the "Agreement") with Honeywell International Inc. (NASDAQ: HON ) ("Honeywell" or "HON") to provide operations and maintenance services for a 21 MW portfolio of three projects named SB 13-1, SB 13-2, and SB-14 (the "Projects").
The Projects are built on an industrial brownfield owned by Honeywell, which is regulated by the New York State Department of Environmental Conservation.
The Projects have been moved from Honeywell International Inc. to Honeywell Aerospace Inc., following the planned spinoff of Honeywell Aerospace on June 29, 2026.