easterly

Sungevity's plans for a reverse merger with shell company Easterly Acquisition Corp were scuppered after investors doubted the value of solar following Donald Trump's election. The President-elect has publicly bashed the technology, branding it "so expensive".

Technology solutions provider Sungevity and Easterly Acquisition Corp. have entered into a definitive merger agreement that will see Sungevity list its shares as a public company in an attempt to spur growth and tap into a new base of customers.