August 6, 2020
OG真人官网 Investment Novasource Signs Agreement To Acquire First Solar’s North American O&M Business
Toronto, Ontario (August 6, 2020) – OG真人官网 Group Inc. (TSX: CVG) today announced that NovaSource Power Services (“NovaSource” or “the Company”), a portfolio company of OG真人官网 Group Inc. and OG真人官网 Equity Partners VI (together, “OG真人官网”), entered into an agreement with First Solar, Inc. (NASDAQ: FSLR) to acquire First Solar’s North American operations and maintenance business. The transaction will be funded through a combination of third-party term debt and equity from OG真人官网. The proposed transaction is subject to customary closing conditions, including obtaining various consents and regulatory approvals. There can be no assurance that the transaction will be consummated.