SPI Energy Inks Deal to Sell an 18.25MW Community Solar Portfolio in Oregon to Luminace
Portfolio Pulse from Benzinga Newsdesk
SPI Energy has signed an agreement to sell an 18.25MW community solar portfolio in Oregon to Luminace, the North American decarbonization-as-a-service platform of Brookfield Renewable. Luminace has an operational and development portfolio of over 4,000 megawatts of distributed energy resources.
May 24, 2023 | 8:30 am
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SPI Energy's agreement to sell an 18.25MW community solar portfolio in Oregon to Luminace could potentially boost the company's financial position.
The sale of the 18.25MW community solar portfolio to Luminace could result in an influx of cash for SPI Energy, improving its financial position. This could potentially lead to a positive short-term impact on the company's stock price.
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