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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. is a Canada-based company, which designs and manufactures residential and commercial energy storage systems. The Company is engaged in delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers various solutions from its manufacturing facilities in Europe, Australia and North America. The Company supplies energy storage systems for solar self-consumption, grid services and demand charge applications at the grid edge. The Company’s product lines are based on patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.


TSXV:EGT - Post by User

Post by ugluuakon Feb 08, 2024 10:50am
119 Views
Post# 35869902

Here's the deal.

Here's the deal.If Itochu owns the EGT battery management controls but did not "buy" these from Eguana as they loaned, loaned that is, a sizeable amount in a financing; why is Eguana paying a hefty 12% on that loan.
One would think the colateral of the technology would have brought a more marketable loan. 
OR IS THAT12% MARKETABLE FOR A STAR PERFORMER LIKE EGUANA TECHNOLOGIES ?

Will Itochu keep suckling the Eguana teat until the market changes or is there another plan?
Is there really a VPP market industry developing globally ?

I know there is but how quickly will it take hold /
Perhaps Itochu has a much deeper scope on this.
How is Itochu participating in the formation of this VPP industry worldwide is truly the question at hand.
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