8point3 Energy Partners (CAFD) Will Take Minority Stake in Henrietta Solar Project
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8point3 Energy Partners Enter Into Agreement to Acquire 49 Percent Stake in 102-MW Henrietta Solar Project
September 20, 2016 4:05 PM EDTSAN JOSE, Calif., Sept. 20, 2016 /PRNewswire/ --Â 8point3 Energy Partners (NASDAQ: CAFD) today announced that it has entered into an agreement to acquire SunPower Corp.'s (NASDAQ: SPWR) 49 percent stake in its 102-megawatt (MW) Henrietta solar project for $134 million.Â
"Our acquisition of SunPower's 49 percent minority interest in Henrietta further re-enforces our long-term strategy of adding high quality solar projects from our sponsors, with investment grade off-takers, to our portfolio," said Chuck Boynton, CEO of 8point3 Energy... More
