Sunday, September 26, 2010

Sharp to Acquire Recurrent Energy for $305 Million (Sep 21, 2010)

Recurrent was maybe the last solar developer to get funded before the crash. The manufacturers are moving to vertical integration to pick up much-needed demand and margin.

Sharp just paid $305M cash on the barrelhead for their pipeline. We know some of the guys  there. They were up there early, and stuck to ground mounts in Ontario when everyone else was chasing rooftops.

http://www.solarbuzz.com/news/NewsNACO1181.htm

No comments: