First Solar and Sunpower announce public filing for proposed IPO of Yieldco

San Jose & Tempe / USA - First Solar and Sunpower Corp. announced that 8point3 Energy Partners LP (8point3 Energy Partners), a limited partnership formed by First Solar and SunPower to own and operate a portfolio of selected solar generation assets, has filed a Registration Statement on Form S-1 (the Registration Statement) with the Securities and Exchange Commission (the SEC) for an initial public offering (the IPO) of Class A shares representing limited partner interests in 8point3 Energy Partners (the shares).

The number of shares to be offered and the initial public offering price of the shares have not yet been determined. 8point3 Energy Partners will apply to list the shares on the NASDAQ Global Market.

Goldman, Sachs & Co. and Citigroup will act as lead book running managers for the IPO. The IPO will be made only by means of a prospectus. The Registration Statement relating to the shares has been filed with the SEC but has not yet become effective.

Source: IWR Online, 11 Mar 2015