Deal closed Jul 2013 · Salt Lake City, UT Verified
sPower Acquires the Assets of Tioga Energy
Sustainable Power Group (sPower) has acquired the assets of solar project developer Tioga Energy Inc. The acquisition includes Tioga's operating solar PV arrays across multiple states and its intellectual property, including the SurePath Solar Power Purchase Agreement. sPower will assume Tioga's project financing obligations and continue operating the projects in partnership with existing lenders.
“Sustainable Power Group (sPower) has acquired the assets of Tioga Energy Inc., a solar project developer.”
Entities
De Lage Landen · Lender HSH Nordbank · Lender PNC Bank · Lender Sustainable Power Group · Acquirer Wells Fargo · Lender
Other Sentiment: Positive
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