May 5, 2024 12:53 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

First Solar buys Solar Chile for undisclosed sum

If you’d like to discuss energy issues, contact Court Rich, Co-Chair of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com

 

Solar panel maker First Solar has purchased Chilean solar development company Solar Chile as energy demand continues to rise in the region.

The companies provided no financial terms in announcing the deal on Wednesday.

First Solar Inc., which is based in Tempe, Ariz., bought Fundacion Chile’s stake in the company. First Solar and Fundacion Chile created a strategic working alliance with each other in October 2011. Fundacion Chile will continue to provide consultation services.

Solar Chile has photovoltaic power projects totaling approximately 1.5 gigawatts in northern Chile. Its five employees will join First Solar.

First Solar shares finished at $31.02 on Tuesday. They have almost tripled from a 52-week low of $11.42 in June. They peaked for the past year at $50.20 last February.

Information from Arizona Daily Sun

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Friday May 3 News & Views

State Supreme Court reverses sanctions against Arizona GOP in 2020 election challenge The decision overturns lower courts’ rulings and could chill similar sanctions in future

Read More »

Post Calendar

Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.