Aug. 27, 2013: First Solar Acquires US and Mexico Assets from Element Power
First Solar Said the Projects Are Competitively Positioned in Their Respective Markets
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.
Included are projects in California, Arizona, Texas, Georgia, North Carolina, Colorado, Louisiana, and Illinois. First Solar said the projects are competitively positioned in their respective markets and have secured site options and interconnect queue positions, and are at various stages of environmental screening and permitting.