Jinko Solar US Solar Module Factory Stake Sale
Sector: Solar • Location: Jacksonville, Florida, United States
Source: Yicai Global
Jinko Solar is selling a 75.1% controlling stake in its solar module factory in Jacksonville, Florida, to FH JKV Holdings for USD192 million to mitigate regulatory risks from the US government. The factory has an annual production capacity of 2 gigawatts and was initially built starting in 2018 with a total investment of over USD214 million after expansions. The sale reduces Jinko Solar's stake to
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | stake sale completed |
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 | Jinko Solar is selling a 75.1% controlling stake in its solar module factory in Jacksonville, Florida, to FH JKV Holdings for USD192 million to mitigate regulatory risks from the US government. The factory has an annual production capacity of 2 gigawatts and was initially built starting in 2018 with a total investment of over USD214 million after expansions. The sale reduces Jinko Solar's stake to 24.9%, allowing it to avoid US regulatory restrictions while continuing to benefit from local growth opportunities. |
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
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Article Published Date | Obfuscated Data |