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TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- (TSX: PWI, PWI.PR.A) Sustainable Power & Infrastructure Split Corp. (the “Company”) is pleased to announce an overnight treasury offering of class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively). Gross proceeds of the offering are expected to be approximately $9.7 million. The offering is expected to close on or about August 17, 2022 and is subject to certain closing conditions. The Company has granted the Agents (as defined below) an over-allotment option, exercisable for 30 days following the closing date of the offering, to purchase up to an additional 15% of the number of Class A Shares and Preferred Shares issued at the closing of the offering.
