SOL - Mergers and acquisitions

STAMFORD, Conn., Oct. 11, 2022 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE:SOL), a leading fully integrated solar project developer, today announced the acquisition of Emeren Limited ("Emeren"), a United Kingdom-based utility-scale solar power and battery projects developer in Europe. The acquisition transaction was completed on October 10 through an all-cash deal with an earn-out provision. Emeren is currently comprised of over 22 employees and has been a strategic partner of Renesola Power to co-develop ground-mounted solar

STAMFORD, Conn., Sept. 30, 2022 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE:SOL), a leading fully integrated solar project developer, today announced that it acquired a 50 MWp operational solar farm ("Project Branston") located in Branston, Lincoln, United Kingdom from P&T Global Renewable Energy LTD. The transaction was completed on September 30, 2022. Project Branston's 50 MWp solar farm has been operational since October 12, 2020 and is currently generating a highly attractive annualized yield of 1,011 MWh/MWp. Mr. Yumin Li

STAMFORD, Conn., Nov. 11, 2021 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE:SOL), a leading fully integrated solar project developer, today announced that it closed the sale of a 12 MWdc portfolio of solar development projects to Greenbacker Renewable Energy Company ("Greenbacker"), a publicly registered, non-traded limited liability company focused on investments in renewable energy power and energy efficiency projects, as well as other sustainable investments.  The sale demonstrates the Company's proven track record in North America.

NEW YORK, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC ("GREC" or "Greenbacker"), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly owned subsidiary, it has purchased a to-be-constructed solar portfolio in Maine, from ReneSola Power Holdings ("ReneSola"). The portfolio's two projects—Athens Ridge (3.8 MWdc) and Mars Hill (2.8 MWdc)—deepen Greenbacker's relationship with an established renewables developer with a robust pipeline of both community and utility-scale solar projects, as well as battery energy storage systems. The projects also diversify and expand Greenbacker's fleet of

STAMFORD, Conn., Sept. 17, 2021 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE:SOL), a leading fully integrated solar project developer, today announced that European Solar Energy Development JV, the joint venture company established between ReneSola Power and Eiffel Investment Group ("Eiffel"), completed the acquisition of its first batch of solar projects with a combined capacity of 200MW in multiple European countries, including Spain, France and Poland.  Eiffel provided the capital to fund the development of those projects.

Three new ground-mounted subsystems expand solar fleet in the beehive state New York, NY, April 08, 2021 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (“GREC”), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced today that, through a wholly-owned subsidiary, it purchased an approximately  10 MWdc portfolio of pre-operational solar projects from ReneSola Power (NYSE: SOL). The projects have secured strong offtake with two corporate counterparties, via 20-year solar equipment leases. Consisting of three ground-mounted commercial distributed generation sites in Utah, the behind-the-meter projects are expected to start constr

STAMFORD, Conn., April 8, 2021 /PRNewswire/ -- ReneSola Ltd. ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it closed the sale of an approximately 10 MW portfolio of solar development projects to Greenbacker Renewable Energy Company ("Greenbacker"). The sale continues a successful track record in North America. This sale will positively contribute to 1Q 2021 results and was not in the original first quarter guidance. The portfolio consists of three ground-mounted commercial distributed generation sites located in Utah. The projects are so-called "behind the meter" and will sell electricity dir