Subsidiary Completes Acquisition of Shares in United Solar Holding Inc. for ~$30 Million
Waaree Energies Limited · WAAREEENER · NSE ·
Waaree Solar Americas Inc., a wholly-owned subsidiary, has completed the acquisition of a stake in United Solar Holding Inc. The acquisition consists of 5,368,551 series B preferred shares. The total consideration for the transaction is approximately USD $30 million. The transact…