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Tel Aviv, Israel, June 30, 2021 /PRNewswire/ – Qiguang Renewable Energy Co., Ltd. (TASE: ENLT), a global renewable energy IPP and developer, announces definitive agreement to acquire US solar and storage developers detergent, The enterprise value is as high as US dollars $433 millionEnlight will acquire 90% of the shares through a wholly-owned subsidiary in the United States detergentShares while detergentFounder of Jason Ellsworth with Adam Pischer 10% will be retained detergentOf shares.The purchase price will be divided into an advance payment of $158m, and future performance-based payments.
detergent is based on Boise, Idaho And has about 80 employees. The company has successfully developed and constructed 1.6GWdc utility-scale solar energy. Clenera is currently actively developing a product portfolio consisting of 12 GWdc solar energy and 5.5 GWh energy storage in 20 states.
This transaction is expected to expand Enlight’s development portfolio to more than 16 Solar and wind energy GWdc in 11 countries, and 7.5 GWh of energy storage. The US energy industry is accelerating the transition to renewable energy. Enlight believes that combining its international development and execution expertise with Clēnera’s successful development capabilities in the United States will bring…
The full story on Benzinga.com
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