Emeren Group Ltd Going Private
Sector: Solar • Location: USA
Source: Renewables Now
Solar project developer and owner Emeren Group Ltd (NYSE:SOL), formerly ReneSola, has signed a deal to go private. The agreement involves British Virgin Islands-incorporated Shurya Vitra Ltd acquiring the company for USD 0.20 per ordinary share or USD 2.00 per American Depositary Share (ADS). The transaction is expected to close in the third quarter of 2025, subject to shareholder approval, after
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Solar project developer and owner Emeren Group Ltd (NYSE:SOL), formerly ReneSola, has signed a deal to go private. The agreement involves British Virgin Islands-incorporated Shurya Vitra Ltd acquiring the company for USD 0.20 per ordinary share or USD 2.00 per American Depositary Share (ADS). The transaction is expected to close in the third quarter of 2025, subject to shareholder approval, after which Emeren will merge with an entity owned by Shurya Vitra and be delisted from the New York Stock Exchange. Emeren specializes in solar power and energy storage, operating as a project developer and independent power producer with assets comprising around 293 MW of solar PV and 61 MWh of storage as of March 31, 2025, with projects under development in Europe, the US, and China. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |