SNPW Subsidiary Sun Pacific Power Corp Receives “A” Investment Grade Underwriter Support to Provide Insurance Wrap for $50 Million Funding of US Solar Manufacturing PlantMANALAPAN, N.J., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (Other OTC: SNPW) announces that its wholly owned subsidiary, Sun Pacific Power (“SPP”) is pleased to report on important progress on the company’s previously announced contract with Invictus to provide an insurance wrap for a $50 million-dollar funding of our planned US based solar manufacturing plant through Lloyds of London. After a process of detailed due diligence on the project, Invictus has identified and secured the non-binding support of one of the leading insurance practitioners on its preferred panel of "A" Investment Grade Credit Rated underwriters.
SNPW Subsidiary Sun Pacific Power Corp has engaged the services of Invictus Risk Solutions to Provide Insurance Wrap for $50 Million Funding of its Solar Manufacturing PlantMANALAPAN, N.J., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (Other OTC: SNPW) announces that its wholly owned subsidiary, Sun Pacific Power (“SPP”) has engaged the services of Invictus Risk Solutions to assess the opportunity of providing an insurance wrap for a $50 million-dollar funding of the company’s planned US based solar manufacturing plant through Lloyds of London, London corporate, and other supporting insurance markets. The financing is commencing at this time and underwriting analysis of the project will determine feasibility, testing, and other market considerations.
