First Solar, SunPower Yieldco IPO Slated For Friday

By | June 17, 2015

Scalper1 News

The yieldco 8point3 Energy Partners LP, formed by solar energy kingpins First Solar (FSLR) and SunPower (SPWR), is expected to raise approximately $420 million in an initial public offering scheduled to begin trading Friday. Tempe, Ariz.-based solar module maker First Solar and San Jose, Calif.-based solar panel and system maker SunPower announced in February they would form the yield company, or “yieldco.” A yieldco is a publicly traded Scalper1 News

Scalper1 News