Deal Description: 8point3 Energy Partners LP (Nasdaq: CAFD), the joint venture formed by SunPower Corporation (Nasdaq: SPWR) and First Solar, Inc. (Nasdaq: FSLR), announced on March 31, 2016 that it has entered into agreements to acquire an interest in the 50 megawatt (MW) Hooper Project from SunPower for $53.5 million and the 40 MW Kingbird Project from First Solar for $60 million.
Baker Botts represented SunPower in the sale of the Hooper Project to 8point3 Energy Partners and with SunPower’s analysis of the Kingbird Project.
Baker Botts Lawyers/Office Involved: Josh Davidson (Partner, Houston); Jonathan D. Bobinger (Senior Associate, Houston); Justine Robinson (Associate, Houston); Samantha Blons (Associate, Houston); Stephen Noh (Associate, Houston)
For more information, please see 8point3’s news release by clicking here.
ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm of approximately 725 lawyers practicing throughout a network of 14 offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy and technology sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.