Flexible Electronics News

First Solar Completes Acquisition of NextLight Renewable Power

First Solar now has power purchase agreements for 2.2 gigawatts of utility-scale solar projects in North America

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. has completed the acquisition of NextLight Renewable Power, LLC, a solar development firm formed by the inaugural fund of Energy Capital Partners, a private equity firm focused on investing in North America’s energy infrastructure. With the NextLight acquisition, First Solar now has power purchase agreements for 2.2 gigawatts of utility-scale solar projects in North America. The transaction represents another strategic step in First Solar’s expansion in the U.S. ...

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