Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Akanksha Bakshi

ReneSola Power Agrees To Sell 12 MW Of Projects In Spain

  • ReneSola Ltd. (NYSE:SOL) has agreed to sell a 12MWp portfolio of projects in Spain. The portfolio consists of two ground-mounted projects located in the municipality of Caravaca de la Cruz in the southern region of Murcia. Financial terms were not disclosed.
  • The transaction is a share purchase agreement with the aream Group, an international solar investment company in Düsseldorf, Germany.
  • Caravaca Project is owned by a special purpose vehicle (SPV), which ReneSola Power and its partner jointly own.
  • In this agreement, aream will purchase the company's ownership position in the SPV.
  • The sale will be consummated at the "ready-to-build" stage in early 2022.
  • Price Action: SOL shares are trading higher by 0.67% at $5.99 during the premarket session on Tuesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Katy Perry Responds to Fan Selling Concert Ticket Due to Money Struggles: 'But I'm Looking Forward to Seeing You!'
Katy Perry's response to a fan's financial struggles has ignited a social media debate, highlighting the challenges of celebrity engagement.
International Business Times UK
International Business Times UK
A Big Change At Disneyland Has Some Theme Park Fans Talking About Ride Queue Etiquette, And I Think There's A Clear Answer
If you're going to Disneyland, you need to know how to queue.
Cinemablend
Cinemablend
Nicole Kidman, Keith Urban Divorce: Babygirl Star Breaks Silence On Split, Vows To Keep Family Together
Nicole Kidman has addressed her divorce from Keith Urban for the first time, using a new Variety interview to stress privacy, family and forward motion. Her comments arrive months after reports of the September 2025 split and January settlement details that set out how the former couple would parent their…
International Business Times UK
International Business Times UK
People Have Been Following Around Tom Holland Hoping To See If He's Wearing A Wedding Band Like Zendaya
Did Zendaya put a ring on it, too?
Cinemablend
Cinemablend
A New Live-Action Scooby-Doo Has Fans Asking One Important Question: Who Owns Scooby?
Shaggy, right? RIGHT?
The Mary Sue
The Mary Sue
Ethan Hawke Reminds Us the Kind of King He Is: “But I Don’t Eat Food”
Finger sandwiches? Spinach dip? What does he mean?
The Mary Sue
The Mary Sue
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play