SCT First Solar selling Japan project development and O&M platforms to PAG

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SCT First Solar selling Japan project development and O&M platforms to PAG

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Cadmium telluride (CdTe) thin-film photovoltaic (PV) module maker First Solar Inc of Tempe, AZ, USA has entered into definitive agreements for funds managed by PAG Real Assets (PAG) of Tokyo, Japan, to acquire its 293MWDC utility-scale solar project development platform, and a solar operations and maintenance (O&M) platform with about 665MWDC under management, in Japan. The transaction is expected to close in second-quarter 2022 for the project development platform and the second-half 2022 for the O&M platform, in each case after obtaining regulatory approvals, the receipt of third-party consents, and satisfying other customary closing conditions...

Source: http://www.semiconductor-today.com/news ... 0522.shtml
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