Is a Sale of 8point3 Energy Partners Around the Corner?
In April, when First Solar (NASDAQ: FSLR) announced that it was considering selling its stake in 8point3 Energy Partners (NASDAQ: CAFD) in 2017 and co-sponsor SunPower (NASDAQ: SPWR) announced similar plans a few months later, it seemed like a sale may be imminent.
More than seven months later, 8point3 Energy Partners is still public, and all we know is that both sponsors are looking to sell their stakes. But who will take control of 8point3 Energy Partners is uncertain at this point.
Image source: SunPower.
Source: Fool.com