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Stock impact report

Sunlight Energy Investments Acquires an Additional Solar Project [Yahoo! Finance]

Genie Energy Ltd. Class B Stock (GNE) 
Last genie energy ltd. class b stock earnings: 11/8 07:30 am Check Earnings Report
US:NYSE Investor Relations: genie.com
Company Research Source: Yahoo! Finance
retail energy and renewable energy solutions provider, today announced that it has purchased a late-stage solar development project in Hamilton, Indiana from the project developer. The array will supply power to the Hamilton Community High and Elementary Schools through direct fixed-price solar power purchase agreements (PPAs). The transaction follows Sunlight Energy's purchase of a portfolio of 12 operational solar arrays serving educational facilities in Ohio and Michigan with an aggregate rating of 9.4 MW. Nir Ashpiz, CEO of Sunlight Energy, said, “The Hamilton project acquisition fits perfectly with our growing portfolio of solar projects providing long-term, stable cash flows. Backed by Genie Energy's robust balance sheet, we continue to scout for additional solar generation assets and projects with opportunities for participation from third-party investors.” Sunlight Energy is an equity financing vehicle for commercial and community solar projects. Genie Energy, which serv Show less Read more
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