4 Merger and Acquisitions Stock Stories Investors Should See
First Solar (NASDAQ:FSLR): Current price $31.91
On Wednesday, First Solar and Fundación Chile said that the former has purchased Solar Chile, a solar development firm in which Fundación Chile was an early investor. The acquisition culminates a strategic working partnership that the parties created in October of 2011. Solar Chile holds a series of early- to mid-stage utility-scale photovoltaic power projects that total around 1.5 gigawatts (GW) in Regions I, II, III, and XV in northern Chile, including the Atacama Desert area, which offers the highest solar irradiance on Earth.