SPI Energy: Jumps as unit deploys electric shuttles to Santa Cruz city

SPI Energy Co

24/11/2020 11:29

** Shares of the renewable energy co  SPI.O  jump 20% to
$12.85 in premarket trade
    ** Phoenix Motorcars, which was recently acquired by SPI
Energy unit, delivered its second all-electric shuttle to the
City of Santa Cruz  urn:newsml:reuters.com:*:nACSd4mg5a
    ** The all-electric zero emission shuttle bus will serve the
Santa Cruz trolley, replacing their existing wooden trolleys and
helping to promote the City's sustainability goals
    ** Separately, SPI Energy names Wenbing Chris Wang as senior
vice president of finance to support Phoenix Motorcars unit and
Solar Juice IPO  urn:newsml:reuters.com:*:nACSWwjnfa
    ** Stock has gained more than five-fold YTD, as of last
close

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776))