SPI Energy Announces Acquisition of the Cork Solar Project
SPI Energy Co., Ltd. - Ordinary Shares (SPI)
US:NYSE Investor Relations:
investors.spisolar.com
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Source: GlobeNewswire
HONG KONG and SANTA CLARA, Calif., April 22, 2020 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global provider of green energy solutions for business, residential, government and utility customers and investors, today announced the acquisition of the Cork project from the previously announced framework agreement to acquire up to eight solar projects in the state of Oregon (the “Oregon Portfolio”). The Cork solar project will produce a total of approximately 1.89MW in the State of Oregon. The Cork solar project is a ground-mounted PV project and is located in Clackamas County, Oregon. The project will participate in the newly formed Oregon Community Solar Program. Following the acceptance and approval from the Public Utility Commission of Oregon, SPI, through its wholly-owned subsidiary Solar Town, will begin offering Community Solar Subscriptions to Businesses, Non-Profits & Homeowners in the Portland General Electric (PGE) utility territ
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