Follow-On Offering

Energy
Follow-On Offering

Summary

Baird served as a co-manager on this offering

About

8point3 Energy Partners LP (“8point3” or the “Company”) (NASDAQ-GS:CAFD) recently completed a follow-on offering of 8,050,000 Class A shares of common stock at $14.65, generating gross proceeds of approximately $118 million. All of the shares were primary.

8point3 is a growth-oriented limited partnership formed by First Solar and SunPower to own, operate and acquire solar energy generation projects. The Company’s primary objective is to generate predictable cash distributions that grow at a sustainable rate. As of September 16, 2016, 8point3’s portfolio consisted of interests in 535 MW of solar energy projects that are diversified across solar photovoltaic technologies and customer sectors. The Company is based in San Jose, California.

For additional information about this transaction, please contact:

Peter Kies +1 (414) 765-7262
Matt Kessler +1 (415) 627-3223
Katie Kasper +1 (414) 298-5991
Jonathan Harrison + (44) 207-667-8414
Energy
Follow-On Offering
Date
September 2016
Company
8point3 Energy Partners LP
Transaction
M&A
Sectors
Energy
Target Location
North America

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