Revolve Renewable Power secures $40 million financing from Callaway Capital Management

By Global Infrastructure Sherpa · Feb 20, 2026

Financing Renewable Energy announced Vancouver, Canada Feb 20, 2026

USD40M

Deal Value

development

Stage

Revolve Renewable Power Corp. has completed the initial advance of US$10 million under the terms of the secured convertible credit agreement that provides for up to US$40 million of financing from Callaway Capital Management, LLC. This strategic financing partnership with Callaway is expected to provide Revolve with long-term capital security and flexibility to advance Revolve’s portfolio of utility-scale and distributed renewable energy projects.

Deal Analysis

Revolve Renewable Power Corp. has secured a significant financing agreement with Callaway Capital Management, receiving an initial $10 million advance under a secured convertible credit agreement that could reach up to $40 million. This financing is intended to provide Revolve with the capital flexibility needed to advance its portfolio of utility-scale and distributed renewable energy projects across North America. The partnership with Callaway Capital Management, a lender, is expected to provide Revolve with long-term capital security, a crucial element for developers in the capital-intensive renewable energy sector. This deal is notable for its potential size and the strategic partnership it establishes between Revolve, a leading renewable energy developer, and Callaway Capital Management. The financing will likely enable Revolve to accelerate the development and deployment of its renewable energy projects, contributing to the expansion of renewable energy capacity in North America. The convertible nature of the credit agreement also offers Callaway Capital Management potential upside through equity conversion, aligning their interests with Revolve's long-term success.

Up to $40 million secured convertible credit agreement.
Financing from Callaway Capital Management provides long-term capital security.
Supports Revolve's portfolio of utility-scale and distributed renewable energy projects in North America.
Convertible nature of the credit agreement offers potential equity upside for the lender.

Market Context: The renewable energy sector in North America is experiencing significant growth, driven by increasing demand for clean energy and supportive government policies. Financing is a critical component for developers to bring projects to fruition.

Source Intelligence

KEY DETAILS

The initial advance was US$10 million. Quote: "the Company has completed the initial advance of US$10 million (the “ Initial Advance ”)" Tranche A is convertible at CAD$0.28 per Common Share. Quote: "Tranche A is convertible, at the option of the Lender, into common shares of the Company (the “ Common Shares ”) at a conversion price of CAD$0.28 per Common Share (the “ Tranche A Conversion Price ”)." Revolve has pledged all its shares in its wholly-owned subsidiaries Revolve Renewable Power Canada Inc. and Revolve Renewable Power Limited, as collateral. Quote: "whereby the Company has pledged all its shares in its wholly-owned subsidiaries Revolve Renewable Power Canada Inc. and Revolve Renewable Power Limited, as collateral, subject to the terms of the Pledge Agreement."

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Deal Size

that provides for up to US$40 million of financing from Callaway Capital Management, LLC

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Location

Vancouver, BC, February 20, 2026

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Announcement

Vancouver, BC, February 20, 2026

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Signing

under the terms of the secured convertible credit agreement dated February 5, 2026 (the “ Credit Agreement ”)

PARTIES MENTIONED IN SOURCE

Revolve Renewable Power Corp. developer

"Revolve Renewable Power Corp. (CSE:REVV) (OTCQB:REVVF) (“ Revolve ” or the “ Company ”), a North American owner, operator and developer of renewable energy projects"

Callaway Capital Management, LLC lender

"that provides for up to US$40 million of financing from Callaway Capital Management, LLC (“ Callaway ” or the “ Lender ”)."

high quality Enriched Feb 24, 2026