Acquiring Company
ReneSola Power
Acquired Company
Emeren Limited
United KingdomEnergyRenewable EnergySolarEnergyFinancial ServicesSolarDescription
ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced the acquisition of Emeren Limited ("Emeren"), a United Kingdom-based utility-scale solar power and battery projects developer in Europe. The acquisition transaction was completed on October 10 through an all-cash deal with an earn-out provision.
Quick answer
ReneSola Power is acquiring Emeren Limited, announced October 11, 2022.
- How much did ReneSola Power pay for Emeren Limited?
- The deal value was not disclosed.
- What does ReneSola Power do?
- ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator.
- Where are ReneSola Power and Emeren Limited based?
- Emeren Limited is based in United Kingdom.
Source: Fundz verified event record.
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Frequently asked
Who acquired Emeren Limited?
Emeren Limited was acquired by ReneSola Power. The deal was reported on October 11, 2022. ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. ReneSola Power is privately held and operates in Energy.
When did ReneSola Power acquire Emeren Limited?
ReneSola Power's acquisition of Emeren Limited was reported on October 11, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Emeren Limited do?
Emeren is a developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. It is privately held, operating in Energy, and is based in United Kingdom.
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