M&A Deal Summary |
|
|---|---|
| Date | 2020-08-06 |
| Target | First Solar - North American Operations & Maintenance Business |
| Sector | Renewable Energy |
| Buyer(s) | NovaSource Power Services |
| Sellers(s) | First Solar |
| Deal Type | Divestiture |
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NovaSource Power Services is a provider of solar operations and maintenance (“O&M”) services to utility, commercial, industrial, and residential customers, with over 20GW of solar assets under management. NovaSource operates a global footprint with a presence in North America, South America, EMEA, Asia, and Australia. NovaSource Power Services is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector (Renewable Energy) | 1 of 2 |
| Type (Divestiture) | 1 of 2 |
| State (Arizona) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-05 |
Heliolytics
Toronto, Ontario, Canada Heliolytics is a provider of photovoltaic aerial inspections and advanced site data services to empower the next generation of solar. Heliolytics was founded in 2014 and is based in Toronto, Canada. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Renewable Energy |
| Employees | 6,700 |
| Revenue | 3.3B USD (2023) |
First Solar is a global provider of solar energy solutions, focused on providing power solutions across various market segments. The Company designs, manufactures and sells photovoltaic solar modules with an advanced thin-film semiconductor technology and the Company develops, designs, constructs and sells PV solar power solutions that primarily use the solar modules it manufactures. Additionally, First Solar provides operations and maintenance services to plant owners that use solar modules manufactured by the Company or by other third-party manufacturers. First Solar was incorporated in 1999 and is based in Tempe, Arizona.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 9 |
| Sector (Renewable Energy) | 6 of 8 |
| Type (Divestiture) | 5 of 8 |
| State (Arizona) | 3 of 4 |
| Country (United States) | 6 of 8 |
| Year (2020) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-02 |
First Solar - Four California Projects
Tempe, Arizona, United States First Solar, Inc. - Four California Projects is a combined capacity of 160-megawatts (MW)AC. which ranges from 20MWAC to 50MWAC and is expected to be completed by the end of the fourth quarter of 2020, is designed to have a low impact on local land and water resources, and the environment. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-25 |
First Solar - Solar Development Platform
Tempe, Arizona, United States First Solar's Solar Development Platform includes 773 megawatts (MW)AC of projects that are expected to commence construction in the next two years, as well as the 30-MWAC Barilla Solar Project, which is operational. The pipeline projects are located in the California, Southwest, and Southeast markets. |
Sell | - |
