Analyst Research

Report Title Price
Provider: Finlabo SIM Spa
$10.00
Provider: Wright Reports
$75.00
Provider: Reuters Investment Profile
$20.00
Provider: GlobalData
$125.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Enel Green Power SpA reaches deal with Sharp Corporation on off-take agreement for 3Sun factory output


Thursday, 10 Jul 2014 08:00pm EDT 

Enel Green Power SpA:Says it reached a deal with Sharp Corporation under which Enel Green Power will assume Sharp’s obligations arising from the off-take agreement concerning the output of photovoltaic panels manufactured at the Catania factory of 3Sun Srl.3Sun Srl is the equal joint venture between Enel Green Power, Sharp and STMicroelectronics.The off-take agreement is a contract under which Enel Green Power and Sharp committed to purchase the entire output of the 3Sun Catania facility, which manufactures around 200 MW of thin-film, multi-junction photovoltaic panels a year.The consideration due to Enel Green Power from Sharp amounts to 95 million euros.Enel Green Power also commits to acquire Sharp’s equity stake in Enel Green Power & Sharp Solar Energy Srl.Enel Green Power & Sharp Solar Energy Srl is an equal joint venture created to develop, build and operate photovoltaic plants in the EMEA area, using the photovoltaic panels manufactured at the 3Sun Srl plant.Once the acquisition of the equity stake is formalized, Enel Green Power will hold 100 pct of Enel Green Power & Sharp Solar Energy Srl. 

Company Quote

1.863
0.0010 +0.05%
4 Mar 2015