Breaking News

First Solar Completes Sale of North American O&M Business to NovaSource

On closing of the transaction, approximately 270 First Solar O&M associates joined NovaSource.

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Anthony Locicero, Associate editor04.01.21

First Solar, Inc. announced the completion of the previously announced sale of its North American Operations and Maintenance (O&M) business to NovaSource Power Services.

On closing of the transaction, approximately 270 First Solar O&M associates joined NovaSource.

The acquisition makes NovaSource the largest O&M provider globally.

NovaSource is a portfolio company of Toronto-based private equity firm Clairvest Group Inc.

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