8point3 Energy Partners Declares 3.5 Percent Increase in Quarterly Distribution

SAN JOSE, Calif., March 24, 2016 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ: CAFD) announces that the Board of Directors of its general partner declared a cash distribution for its Class A shares of $0.2246 per share for the first quarter of 2016.  This represents an increase of 7.1 percent over the minimum quarterly distribution and an increase of 3.5 percent over the previous quarter's distribution of $0.217 per share.  The first quarter distribution will be paid on April 14, 2016 to shareholders of record as of April 5, 2016.

About 8point3 Energy Partners 8point3 Energy Partners LP (NASDAQ: CAFD) is a growth-oriented limited partnership formed by First Solar, Inc. and SunPower Corporation to own, operate and acquire solar energy generation projects. 8point3 Energy Partners' primary objective is to generate predictable cash distributions that grow at a sustainable rate. The partnership owns interests in projects in the United States that generate long-term contracted cash flows and serve utility, commercial and residential customers.  For more information about 8point3 Energy Partners, please visit: www.8point3energypartners.com.

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SOURCE 8point3 Energy Partners LP