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Sungevity-Easterly deal scuppered by Trump win

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".

Sungevity set to go public in merger with Easterly

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.

Sungevity closes on US$650 million financing

US-based residential PV installer Sungevity has closed on US$650 million in equity and project financing to optimise its technology platform and grow into new markets and partnerships.