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Posted On: 07/23/2018 11:53:26 AM
Post# of 144988
$FSLR
First Solar sells Beryl PV project in Australia to New Energy Solar
Australia's New Energy Solar agrees to acquire First Solar's (FSLR -1.3%) 87 MW Beryl solar project in New South Wales state for an undisclosed sum.
New Energy says it initially will take a 49% interest in the under-construction photovoltaic park, then acquire the remaining 51% following the project's commissioning in the middle of next year.
FSLR will provide construction management services for the project and will operate and maintain the plant; the addition of a battery storage installation is being considered “to enhance risk-adjusted returns.”
First Solar sells Beryl PV project in Australia to New Energy Solar
Australia's New Energy Solar agrees to acquire First Solar's (FSLR -1.3%) 87 MW Beryl solar project in New South Wales state for an undisclosed sum.
New Energy says it initially will take a 49% interest in the under-construction photovoltaic park, then acquire the remaining 51% following the project's commissioning in the middle of next year.
FSLR will provide construction management services for the project and will operate and maintain the plant; the addition of a battery storage installation is being considered “to enhance risk-adjusted returns.”
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