v3.26.1
Loans Payable
12 Months Ended
Dec. 31, 2025
Loans Payable [Abstract]  
Loans payable
9.Loans payable

 

   As at   As at 
   December 31,   December 31, 
   2025   2024 
Balance, beginning of the period  $77,564   $610,340 
Repayment of loans   (78,130)   (590,919)
Interest   566    38,413 
Change in fair value of loans payable   
-
    19,730 
Balance, end of the period  $
-
   $77,564 

 

On February 7, 2023, the Corporation completed the acquisition of a 60 MW power plant in North Tonawanda, New York. The Corporation assumed a loan agreement with Niagara Mohawk Power Corporation dated September 1, 2020 in connection with a business combination. The Corporation is required to make minimum payments of $2,500 per month, with the outstanding balance of $nil and $77,564 as at December 31, 2025 and 2024, respectively.