Brief: SPI Energy Co Ltd Announces Joint Venture To Create An Agriculture Company

SPI Energy Co

14/05/2019 09:42

May 14 (Reuters) - SPI Energy Co Ltd  SPI.O :
    * SPI ENERGY CO., LTD. ANNOUNCES JOINT VENTURE TO CREATE AN
AGRICULTURE COMPANY AND BUILD UP TO 5MW PV POWER PROJECTS IN
ARIZONA
    * SPI ENERGY CO - KHC WILL ISSUE TO JACKY LO SHARES
REPRESENTING A
40% EQUITY STAKE IN KHC WHILE SPI INVESTMENTS WILL HOLD A 60%
EQUITY STAKE IN KHC
    * SPI ENERGY CO LTD - SPI INVESTMENTS SHALL CONTRIBUTE TO
KHC CASH
IN AMOUNT OF US$500,000 AS ITS INITIAL INVESTMENT
    * SPI ENERGY CO-CO'S UNIT, JACKY LO & HARBOR GREEN GRAIN,
L.P.,
ENTERED INTO AGREEMENTS TO FORM JOINT VENTURE TENTATIVELY NAMED
KNIGHT HOLDING CO., LTD

Source text for Eikon:  ID:nGNX90zS8c 
Further company coverage:  SPI.O 

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