SPI Energy Announces Closing of the Manchester and Waterford Solar Projects
SPI Energy Co., Ltd. - Ordinary Shares (SPI)
US:NYSE Investor Relations:
investors.spisolar.com
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Source: GlobeNewswire
SANTA CLARA, Calif., Aug. 26, 2019 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global provider of photovoltaic (“PV”) solutions for business, residential, government and utility customers and investors, today announced the closing of two projects from the previously announced framework agreement to acquire up to eight solar projects in the state of Oregon (the “Oregon Portfolio”). The acquired Manchester and Waterford solar projects will produce a total of approximately 5.4MW in the State of Oregon. Both the Manchester and Waterford solar projects are ground-mounted PV projects and they are located in Yamhill County and Polk County, Oregon, respectively. Upon completion of these two PV projects, we will sell their power to Portland General Electric – generating clean, renewable energy for the local communities. Mr. Xiaofeng Peng, Chief Executive Officer of SPI Energy, commented, “We are pleased with the timely closing of the acquisition
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