VivoPower International PLC Secures Settlement and Full Control of Joint Venture US Solar Development Portfolio
VivoPower International PLC (NASDAQ: VVPR) has announced that it has secured full ownership of its solar development portfolio in the U.S. by acquiring the remaining 50% equity interest from Innovative Solar Systems LLC for nominal consideration. This acquisition marks a significant step for VivoPower, allowing it greater control over its solar projects and enhancing its position in the sustainable energy market.
- Acquired full ownership of U.S. solar development portfolio, enhancing control over operations.
- None.
LONDON, July 02, 2021 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that the Company has secured a settlement resulting in it gaining full ownership of the remaining
Ownership of the remaining
About VivoPower
VivoPower is a sustainable energy solutions company focused on battery storage, electric solutions for customized and ruggedized fleet applications, solar and critical power technology and services. The Company's core purpose is to provide its customers with turnkey decarbonization solutions that enable them to move toward net zero carbon status. VivoPower is a certified B Corporation with operations in Australia, Canada, the Netherlands, the United Kingdom and the United States.
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