PN Smart Energy signs deal to buy 9.9-MW China rooftop solar portfolio for RMB 30 million
PN•Deal for Ningbo rooftop solar portfolio
- PN Smart Energy signed a framework agreement for its China unit to buy a 9.9-MW distributed rooftop solar portfolio in Ningbo.
- The deal structure calls for acquiring 100% of six project companies from Zhejiang Yuntan Technology.
- An internal audit assessment values the portfolio at about RMB 30 million.
- Closing hinges on due diligence, on-site capacity verification, and signing a definitive equity transfer agreement.
