FH Capital to acquire 75.1% of JinkoSolar’s US unit, leaving 24.9% with parent
FH Capital will acquire a 75.1% controlling stake in JinkoSolar’s US solar equipment subsidiary, with JinkoSolar retaining a 24.9% interest under the agreement. The deal structure unlocks capital for JinkoSolar while granting FH Capital operational control to support expansion in the North American market.
1. Deal Terms
FH Capital has agreed to purchase a 75.1% stake in JinkoSolar’s US solar module subsidiary, leaving JinkoSolar with a 24.9% minority share. No purchase price was disclosed, and the transaction remains subject to customary regulatory and closing conditions.
2. Strategic Impact
The infusion of capital from this majority sale provides JinkoSolar liquidity to strengthen its global balance sheet while FH Capital gains operational control of the US arm, positioning it to drive manufacturing scale and sales growth in North America.