Flexible Electronics News

First Solar Signs Definitive Agreement to Sell US Development Platform to Leeward

Acquisition comprises 1.8 GWDC of First Solar modules, of which 744 MWDC represent new bookings.

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By: Anthony Locicero

Copy editor, New York Post

First Solar, Inc. announced that it has entered into a Purchase and Sale Agreement with Leeward Renewable Energy Development, LLC, in which Leeward will acquire from First Solar a utility-scale solar project platform of approximately 10 gigawatts (GW)AC.    The transaction is expected to close in the first quarter of 2021, after obtaining regulatory approvals and satisfying customary closing conditions.   Headquartered in Dallas, Leeward is a portfolio company of OMERS Infrastructure, an...

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