Announced
Completed
Synopsis
OMERS-backed Leeward Renewable Energy, a growth-oriented renewable energy company, completed the acquisition of the US Development Platform of First Solar, a global provider of comprehensive photovoltaic solar solutions. Financial terms were not disclosed. "This acquisition will support our aggressive growth strategy as a leading independent power producer and elevate Leeward’s prominent position in today’s energy market. The public recognizes that renewable energy is a key driver in combating the global issue of climate change. Solar and renewable technologies continue to advance and now provide economically viable solutions in virtually every market in the US. We will continue to grow our wind, solar, and storage presence so we can continue to provide clean energy to our existing and future customers as they pursue their net-zero emission goals," Jason Allen, Leeward Renewable Energy CEO.
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