Investment Summary

Solar Power Invests In Beijing Yiwei New Energy Technology Development Co.

On September 1, 2015, Solar Power invested in internet software and services company Beijing Yiwei New Energy Technology Development Co.

Investment Highlights
  • This is Solar Power’s 1st transaction in the Internet Software and Services sector.
  • This is Solar Power’s 1st transaction in China.

Investment Summary

Date 2015-09-01
Target Beijing Yiwei New Energy Technology Development Co.
Sector Internet Software and Services
Investor(s) Solar Power
Deal Type Stake Purchase

Target

Beijing Yiwei New Energy Technology Development Co.

Beijing, China
Beijing Yiwei New Energy Technology Development Co. is an Internet-based platform to provide electric vehicle ("EV") rentals in China.

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Investor(S) 1

Investor

Solar Power

San Francisco, California, United States

Category Company
Sector Renewable Energy
Employees141
Revenue 91M USD (2014)
DESCRIPTION

Solar Power, Inc. is a provider of photovoltaic ("PV") solutions for business, residential, government and utility customers and investors. SPI focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. Solar Power, Inc. is based in San Francisco, California.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Stake Purchase M&A Deals 2 of 2
Country: China M&A 1 of 1
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-28 Solar Juice Pty

Wetherill Park, Australia

Solar Juice Pty Ltd. is a wholesale distributor of solar panels, solar inverters, components and complete solar systems. Solar Juice supplies a national network of customers that are located in every state and territory of Australia.

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