First Solar acquires US and Mexico development assets from Element Power

First Solar acquired 1.5 GW of US and Mexico solar development assets from Element Power. This is a solar power project portfolio transaction, outside the home-service (HVAC/plumbing/electrical) roll-up scope.

“TEMPE, Ariz. — First Solar Inc. announced that it has acquired U.S. and Mexico development assets from Element Power. The 1.5 GW acquired includes geographically diverse projects in various stages of development. Terms of the deal were not disclosed.”

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