Sky Solar closes Share Purchase by Japan NK Investment K.K.
Sky Solar Holdings, Ltd. has closed the transaction of purchasing 152,107,954 ordinary shares (including ordinary shares represented by ADSs) of the company, at US$0.25 per ordinary share, or US$2.00 per ADS, by Japan NK Investment K.K., from Flash Bright Power Ltd, Rihuaxing Limited, Sunpeak Universal Holdings, Inc. and Bright Reality Investment Limited, pursuant to an amended and restated stock purchase agreement dated October 21, 2019.
Upon the completion of the transaction, Japan NK Investment K.K. holds 152,107,954 ordinary shares (including ordinary shares represented by ADSs) of the Company, representing 36.3% of the total shareholding.
Sky Solar is a global independent power producer that develops, owns, and operates solar parks in Asia, South America, Europe and North America.
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