ALT /
Taiyo
ALT to purchase Taiyo Holding LLC solar portfolio
What happened
ALT, an indirect wholly owned subsidiary of Alternus Clean Energy, Inc., agreed to buy 100% of the membership interests in Taiyo Holding LLC from C2 Taiyo Fund I, LP. The transaction is subject to the MIPA’s conditions and other terms.
Taiyo Holding LLC owns a portfolio of special purchase vehicles that operate solar parks across the United States, with approximately 80.7 MWp of maximum total production capacity. The net purchase price is approximately $15 million, plus net working capital.
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ALT to purchase Taiyo Holding LLC solar portfolio
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