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SPI Energy Co , Ltd : SPI Energy and Petersen-Dean, Inc Reach Interim Management Agreement in Preparation for Asset Purchase

(2) SANTA CLARA, CA / ACCESSWIRE / January 21, 2021 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the Company ), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers and investors, today announced Solarjuice American, Inc. ( Solarjuice America ), a wholly owned subsidiary of the Company, and Petersen-Dean, Inc. ( Petersen-Dean ), one of the largest full-service, privately-held roofing and solar companies in the US, have entered into a court-approved comprehensive Interim Management Agreement which allows the parties to prepare for the sale of Petersen-Dean s assets to Solarjuice America. While an asset purchase agreement is being finalized for the overall asset sale of the assets of Petersen-Dean to Solarjuice America, which contemplates a Section 363 sale subject to Court approval, this Interim Management Agreement will allow Solarjuice America to inject funds and operati

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