Revolve To Acquire Three-Project, 125 MW US Development Stage Solar Portfolio

Adds 125 megawatts of US solar development assets across Illinois, New Mexico, and Wisconsin

VANCOUVER, BC / ACCESS Newswire / June 8, 2026 / Revolve Renewable Power Corp. (CSE:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce it has signed agreements on June 4, 2026, to acquire three utility-scale solar development projects (the "Portfolio") totalling approximately 125 megawatts ("MW") of nameplate capacity located in Illinois, New Mexico, and Wisconsin (the "Acquisition"). The projects - Henry (Illinois, 30 MW DC), Columbus (New Mexico, 56 MW DC), and Endeavor (Wisconsin, 39 MW DC) - will be acquired through Revolve's wholly-owned US subsidiary and represent a material expansion of the Company's US development footprint.

"This acquisition is a significant step in building Revolve's US solar development platform and reflects exactly the kind of disciplined, opportunistic acquisitions we look for as we grow Revolve's pipeline with quality projects.," said CEO Myke Clark. "These three projects bring secured land and development-stage assets that we can advance efficiently toward construction-ready status. Revolve sees significant future potential in the US solar market as demand for power continues to grow."

Each project in the Portfolio has site control secured through executed ground leases and option agreements. The projects are located in established US solar markets served by major utilities including Ameren (Illinois), Columbus Electric Co-Op (New Mexico), and Wisconsin Power & Light Co (Wisconsin). With the addition of these projects, Revolve's US utility-scale development pipeline now spans solar, wind and battery storage projects in Illinois, New Mexico, Wisconsin, Utah and Colorado, complementing the Company's existing development activities in Canada and Mexico for a total development portfolio exceeding 3,000 MW.

Under the terms of the Acquisition, Revolve will pay the seller a development fee of $0.02 per watt upon notice to proceed with construction and a 10% deferred consideration tied to realized sale value or fair market value at notice to proceed, for each individual project. There is no up-front payment or milestone payments due unless an individual project proceeds to construction.

Development of the Portfolio projects will be funded through the Company's existing resources and strategic financing facilities. Each project will be advanced through permitting, interconnection, and financing milestones in accordance with Revolve's disciplined development framework. The Company will provide further updates on project advancement as material milestones are achieved. The Acquisition is expected to close in June, 2026.

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