ReneSola: ReneSola Power Enters into a Securities Repurchase Agreement
ReneSola Ltd announced that the Company has entered into a securities repurchase agreement with ReneSola Singapore Pte. Ltd. (ReneSola Singapore), pursuant to which, among other things, the Company will repurchase from ReneSola Singapore 3 million ADSs at a price of $4.4 per ADS, totaling US$13.2 million through a privately negotiated transaction.
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ReneSola is a Connecticut-based energy company that offers services such as solar power project development, construction management and financing for businesses.
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