First Solar continues US asset sell-off as Arizona portfolio changes hands pv-tech.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-tech.org Daily Mail and Mail on Sunday newspapers.
First Solar to Sell Most of U.S. Development Platform to Leeward
First Solar is selling five development platforms comprising about 10 gigawatts to Leeward Renewable Energy.
Author:
Shares of solar energy company First Solar (
FSLR) - Get Report jumped Monday after the company announced it s selling most of its U.S. project development platform to renewable energy company Leeward Renewable Energy.
Leeward is adding solar panels to its portfolio of 21 wind farms across nine states that generate about 2,000 megawatts of capacity. The companies expect the deal to close in the first quarter of this year.
Leeward s purchase consists of a utility-scale solar project platform of about 10 gigawatts. The financial terms of the acquisition were not disclosed Monday.
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