First Solar, SunPower Ink Deal For YieldCo

By | February 23, 2015

Scalper1 News

Solar panel manufacturers First Solar (FSLR) and SunPower announced Monday they’re in “advanced negotiations” to form a joint, publicly traded yield company that would own and operate solar-power assets to generate revenue for investors. The companies could use capital generated from the “yieldco” to fund new power projects, a growing trend in the industry. The two companies said in a statement they intend to file a registration statement with the Scalper1 News

Scalper1 News