First Solar M&A Summary
First Solar has acquired 9 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 9 assets.
First Solar’s largest acquisition to date was in 2010, when it acquired NextLight Renewable Power for $285M. It’s largest disclosed sale occurred in 2018, when it sold 8point3 Energy Partners to Capital Dynamics for $1.7B. First Solar has acquired in 2 different US states, and 3 countries. The Company’s most targeted sectors include energy services and equipment (45%) and renewable energy (34%).
M&A Summary
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M&A Total Activity18
- M&A Buy Activity9
- M&A Sell Activity9
- Total Sectors Invested 3
- Total Countries Invested 3
- M&A Buy/Sell Connections 11