Revolve Renewable Energy is a inventory to look at, this analyst says

Beacon Securities analyst Kirk Wilson stated in an Oct. 14 Watchlist Report that Revolve Renewable Energy (Revolve Inventory Quote, Chart, Information, Analysts, Financials TSXV:REVV) is “in the best place on the proper time,” with rising electrical energy demand throughout North America anticipated to drive sturdy development in renewables.

“General demand is forecast to develop between 16% and 25% in Canada, the U.S., and Mexico by 2030, pushed by knowledge facilities, electrical automobiles and constructing electrification,” Wilson stated. “With renewables anticipated to extend their share of that provide, REVV is nicely positioned.”

Revolve owns and operates a mixture of run-of-river, wind, and photo voltaic tasks in Canada, the U.S. and Mexico, producing 12 MW of present manufacturing from two hydro vegetation in British Columbia, one wind challenge in Alberta, and a photo voltaic facility in Mexico.

Fiscal 2024 income reached C$9.1-million with a 96% gross margin, whereas the latest quarter (FQ3/25, ended March 2025) delivered C$4.3-million in income.

Wilson stated near-term growth might double manufacturing by year-end 2026 by way of the Vivid Meadows Photo voltaic Venture, a 15.7-MW facility permitted by the Alberta authorities. As soon as operational, it ought to energy over 3,700 houses and generate annual EBITDA of C$2.5–2.8-million at margins above 85%, rising complete output to roughly 28 MW. A second doubling might observe by year-end 2027 with a 30-MW mid-stage photo voltaic challenge in southern Alberta, which obtained provincial approval on Sept. 15, 2025. Growth is anticipated to price about C$40-million, with building slated for early 2027, funded by way of debt, fairness, and funding tax credit. The challenge’s EBITDA is projected at C$3.8–4.2-million at a 70% margin, bringing complete manufacturing to ~58 MW.

Wilson additionally highlighted US$45-million-plus in deferred income anticipated from Revolve’s 2023 sale of 1.25 GW of photo voltaic and BESS tasks to ENGIE, from which the corporate has already obtained US$6.2-million. Two remaining milestone funds, tied to building begin and commissioning, might ship greater than twice Revolve’s present enterprise worth inside one to 3 years.

Revolve’s 3-GW growth portfolio gives diversification throughout giant, mid-size, and distributed belongings all through North America. The corporate expects to promote its El 24 and Presa Nueva wind tasks in Mexico (530 MW mixed) in 2026 for roughly US$22-million, based mostly on unit valuations just like the 2023 ENGIE deal.

Wilson stated that investor urge for food for small-cap renewable builders stays sturdy, citing UGE Worldwide’s August 2024 acquisition at 125× EV/income and Synex’s March 2025 sale at 8.4× EV/income and 38.1× EV/EBITDA, underscoring the premium being paid for high quality renewable portfolios.

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