Sky Solar is a global independent power producer (‘‘IPP’’) that develops, owns and operates solar parks and generates revenue primarily by selling electricity. Since its inception, Sky Solar has focused on the downstream solar market and has developed projects in Asia, South America, Europe, North America and Africa. The Company’s broad geographic reach and established presence across key solar markets are significant differentiators that provide global opportunities and mitigate country-specific risks. Sky Solar aims to establish operations in select geographies with highly attractive solar radiation, regulatory environments, power pricing, land availability, financial access and overall power m... more >
Sky Solar signs Letter of Intent to sell its interests in 152 MW of operating, under-construction, and shovel-ready solar projects in Japan, with expected consideration of JPY17 billion, subject to closing adjustments
Proceeds to be reinvested in additional solar projects in Japan, as well as other key target markets that meet Sky Solar’s investment return criteria.
Close of transaction is subject to completion of satisfactory due diligence and approval by Solar Partnership’s investment ...
HONG KONG and SAN MATEO, Calif., Aug. 02, 2016 (GLOBE NEWSWIRE) -- Sky Solar Holdings, Ltd. (NASDAQ:SKYS) (“Sky Solar” or the “Company”), a global developer, owner and operator of solar parks, today announced that Sky Capital America Inc. (“Sky Capital”), Sky Solar’s wholly-owned U.S. subsidiary, has completed an acquisition of 22.5MW development stage permits for the solar projects in California and Vermont from a California-based solar energy development company.
The Company aims to enter...
HONG KONG, July 22, 2016 (GLOBE NEWSWIRE) -- Sky Solar Holdings, Ltd. (NASDAQ:SKYS) (“Sky Solar” or the “Company”), a global developer, owner and operator of solar parks is pleased to announce the completion on July 15th of its previously announced acquisition of a combined 22 MW of solar parks from Greenleaf-TNX and SunPeak Universal Holdings, Inc. (“Selling Group”).
Pursuant to the agreement with the Selling Group announced on May 9, 2016, Sky Capital America Inc., Sky Solar’s wholly-owne...
HONG KONG, June 17, 2016 (GLOBE NEWSWIRE) -- Sky Solar Holdings, Ltd. (NASDAQ:SKYS) (“Sky Solar” or “the Company”), a global developer, owner and operator of solar parks, today announced its financial results for the first quarter of 2016 ended March 31, 2016.
Q1 2016 total revenue of $11.7 million, up 14% over Q1 2015
Q1 2016 electricity revenue of $9.9 million, up 94% over Q1 2015
Q1 2016 Adjusted EBITDA1 of $5.4 million, compared to $7.0 million in Q1 2015