Deal Description: September 20, 2016 – 8point3 Energy Partners (NASDAQ: CAFD), the solar joint venture formed by SunPower Corporation (Nasdaq: SPWR) and First Solar, Inc. (Nasdaq: FSLR), announced that it has entered into an agreement to acquire SunPower's 49 percent stake in its 102-megawatt (MW) Henrietta solar project for $134 million.
The transaction is subject to certain closing conditions and is expected to close on or about September 30, 2016.
Baker Botts is representing SunPower in the sale of the Henrietta Project to 8point3 Energy Partners.
For more information, please see 8point3’s news release by clicking here.
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