Mr. Devon Sandford reports

NU E POWER PROVIDES OPERATIONS UPDATE

NU E Power Corp. has provided the following operations update on the company's development activities.

Hanna solar farm

The Hanna solar project is a 300-megawatt alternative current/360-megawatt defined condition solar farm, located on nine sections of privately owned lands, approximately 200 kilometres northeast of Calgary, Alta. The project has gone through an initial wildlife assessment by the Alberta Environment and Projected Areas, and has been deemed a low risk to wildlife. Currently, the project is in the interconnection process with the Alberta Electric System Operator, and its next steps are to continue further environmental, glare, noise and engineering studies to ensure this project satisfies all requirements of the AUC.

The project is anticipated to break ground in mid- to late 2026 and will represent approximately $400-million of investment, clean energy and long-term jobs to Alberta. The project, once constructed, would have the ability to provide approximately 650,000 megawatt-hours of electricity and 280,000 tonnes of carbon offset annually.

About NU E Power Corp.

NU E is a green energy company focused on the developing, construction and operating of clean and renewable energy infrastructure across North America. The company has a partnership with Low Carbon Canada Solar Ltd., a subsidiary of the United Kingdom-based renewable major, Low Carbon Investment Management Ltd., to facilitate non-dilutive investment into the company with the goal of developing up to two gigawatts of renewable energy projects in Canada by 2030.

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