Funding and M&A Roundup: Trina Solar Acquires Nclave Renewable, Lumos Raises $35 Million

NextEra Energy intends to sell $2 billion of equity units

September 21, 2020

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Trina Solar, a solar and smart energy total solution provider, announced its acquisition of the remaining 49% equity in Nclave Renewable to make Nclave a wholly-owned subsidiary of Trina Solar. The acquisition of the remaining equity is an important strategic deployment for Trina Solar and will further enhance its market competitiveness.

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