Deal Description: 8point3 Energy Partners LP (Nasdaq: CAFD), the joint venture formed by SunPower Corporation (Nasdaq: SPWR) and First Solar, Inc. (Nasdaq: FSLR), announced on March 31, 2016 that it has entered into agreements to acquire an interest in the 50 megawatt (MW) Hooper Project from SunPower for $53.5 million and the 40 MW Kingbird Project from First Solar for $60 million.
Baker Botts represented SunPower in the sale of the Hooper Project to 8point3 Energy Partners and with SunPower’s analysis of the Kingbird Project.
Baker Botts Lawyers/Office Involved: Josh Davidson (Partner, Houston); Jonathan D. Bobinger (Senior Associate, Houston); Justine Robinson (Associate, Houston); Samantha Blons (Associate, Houston); Stephen Noh (Associate, Houston)
For more information, please see 8point3’s news release by clicking here.
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