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Financial terms of the transaction were not disclosed.
August 7, 2020
By: Anthony Locicero
Copy editor, New York Post
First Solar, Inc. announced that it has entered into a Membership Interest Purchase Agreement with NovaSource Power Services, a portfolio company of Toronto-based private equity firm Clairvest Group Inc., pursuant to which NovaSource will acquire First Solar’s North American Operations and Maintenance (O&M) business. Upon closing of the transaction, approximately 220 First Solar O&M associates are expected to be transferred with the acquired business. Financial term...
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