{"id":692401,"date":"2022-10-05T09:01:36","date_gmt":"2022-10-05T13:01:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/correction-first-solar-completes-sale-of-japan-operations-maintenance-platform-to-pag-real-assets\/"},"modified":"2022-10-05T09:01:36","modified_gmt":"2022-10-05T13:01:36","slug":"correction-first-solar-completes-sale-of-japan-operations-maintenance-platform-to-pag-real-assets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/correction-first-solar-completes-sale-of-japan-operations-maintenance-platform-to-pag-real-assets\/","title":{"rendered":"CORRECTION &#8212; First Solar Completes Sale of Japan Operations &amp; Maintenance Platform to PAG Real Assets"},"content":{"rendered":"<div class=\"mw_release\">\n<p>TEMPE, Ariz. and TOKYO, Oct.  05, 2022  (GLOBE NEWSWIRE) &#8212; Please note that the release issued earlier today by First Solar, Inc. (Nasdaq: FSLR), has been corrected as follows:<\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MFxkVCBrRsYF5xaPyfwGlP-Jyehx58uumkKyXoRQibhWXudu3dkpLlDwtYusJt8FJEMglbyCuyOQ4YoQTIuyWA==\" rel=\"nofollow noopener\" target=\"_blank\">First Solar<\/a>, Inc. (Nasdaq: FSLR) has completed the previously announced sale of its solar operations and maintenance (O&amp;M) platform in Japan to funds managed by PAG Real Assets (\u201cPAG\u201d).<\/p>\n<p align=\"justify\">The platform has approximately 665 megawatts (MW)<sub>DC<\/sub> of solar assets under management in the country. As part of the sale, the majority of First Solar O&amp;M employees in Japan have joined PAG.<\/p>\n<p align=\"justify\">PAG is a leading Asia Pacific-focused private investment manager with more than $50 billion in assets under management.<\/p>\n<p align=\"justify\">\n        <strong>About First Solar, Inc.<\/strong><br \/>\n        <br \/>First Solar is a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules advancing the fight against climate change. Developed at R&amp;D labs in California and Ohio, the company\u2019s advanced thin film photovoltaic (PV) modules represent the next generation of solar technologies, providing a competitive, high-performance, lower-carbon alternative to conventional crystalline silicon PV panels. From raw material sourcing and manufacturing through end-of-life module recycling, First Solar\u2019s approach to technology embodies sustainability and a responsibility towards people and the planet. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lxdFlQh6qh-KQSWRWbOiGRVA7ahV1zJDMkvJNg2dHDq0HSoLv3oiWoPmZ6OtJuja0NB-pHlzDbVgDUPi03SaKKZUi0EfI-vsqp7lT9xES_8=\" rel=\"nofollow noopener\" target=\"_blank\">www.firstsolar.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About PAG <\/strong><br \/>\n        <br \/>PAG is a leading alternative investment firm focused on APAC with three core strategies: Credit &amp; Markets, Private Equity, and Real Assets. Founded in 1997 as Secured Capital Japan, PAG Real Assets has invested $32 billion across more than 7,000 properties across the Asia-Pacific region. PAG manages capital on behalf of nearly 300 institutional fund investors, including some of the most sophisticated global asset allocators. As of 31 December 2021, PAG had 293 investment professionals in 12 key offices globally. PAG has more than $50 billion in assets under management. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dwZfv_lhGfq_X4fX8x4o1w4_bOD-9csa83w3KlcLhWJTzcPdH7nfuLWCeQiTbiKcIugxv0JSI28ItGQiR6Ja1g==\" rel=\"nofollow noopener\" target=\"_blank\">www.pag.com<\/a>.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:40%;width:40%;min-width:40%;vertical-align: top\">\n            <strong><br \/>\n              <u>Media<\/u><br \/>\n            <\/strong><br \/>\n            <br \/>\n            <strong>Reuven Proen\u00e7a<\/strong><br \/>\n            <br \/>First Solar Media<br \/><a href=\"mailto:reuven.proenca@firstsolar.com\" rel=\"nofollow noopener\" target=\"_blank\">reuven.proenca@firstsolar.com<\/a><\/td>\n<td style=\"max-width:60%;width:60%;min-width:60%;vertical-align: top\">\n            <strong><br \/>\n              <u>Investors<\/u><br \/>\n            <\/strong><br \/>\n            <br \/>\n            <strong>Robyn Remes<\/strong><br \/>\n            <br \/>First Solar Investor Relations<br \/><a href=\"mailto:investor@firstsolar.com\" rel=\"nofollow noopener\" target=\"_blank\">investor@firstsolar.com<\/a><\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1OTQ1NyM1MTg4ODI1IzIwMDYxMzA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NWUwN2ZjZmEtYTk2ZC00NDBmLTlkNGMtNzYxMzRmZGViYjdmLTEwMTc3MDM=\/tiny\/First-Solar-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TEMPE, Ariz. and TOKYO, Oct. 05, 2022 (GLOBE NEWSWIRE) &#8212; Please note that the release issued earlier today by First Solar, Inc. (Nasdaq: FSLR), has been corrected as follows: First Solar, Inc. (Nasdaq: FSLR) has completed the previously announced sale of its solar operations and maintenance (O&amp;M) platform in Japan to funds managed by PAG Real Assets (\u201cPAG\u201d). The platform has approximately 665 megawatts (MW)DC of solar assets under management in the country. As part of the sale, the majority of First Solar O&amp;M employees in Japan have joined PAG. PAG is a leading Asia Pacific-focused private investment manager with more than $50 billion in assets under management. About First Solar, Inc. First Solar is a leading American solar technology &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/correction-first-solar-completes-sale-of-japan-operations-maintenance-platform-to-pag-real-assets\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CORRECTION &#8212; First Solar Completes Sale of Japan Operations &amp; Maintenance Platform to PAG Real Assets&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-692401","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CORRECTION - First Solar Completes Sale of Japan Operations &amp; Maintenance Platform to PAG Real Assets - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/correction-first-solar-completes-sale-of-japan-operations-maintenance-platform-to-pag-real-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CORRECTION - First Solar Completes Sale of Japan Operations &amp; Maintenance Platform to PAG Real Assets - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TEMPE, Ariz. and TOKYO, Oct. 05, 2022 (GLOBE NEWSWIRE) &#8212; Please note that the release issued earlier today by First Solar, Inc. (Nasdaq: FSLR), has been corrected as follows: First Solar, Inc. (Nasdaq: FSLR) has completed the previously announced sale of its solar operations and maintenance (O&amp;M) platform in Japan to funds managed by PAG Real Assets (\u201cPAG\u201d). The platform has approximately 665 megawatts (MW)DC of solar assets under management in the country. As part of the sale, the majority of First Solar O&amp;M employees in Japan have joined PAG. PAG is a leading Asia Pacific-focused private investment manager with more than $50 billion in assets under management. About First Solar, Inc. First Solar is a leading American solar technology &hellip; Continue reading &quot;CORRECTION &#8212; First Solar Completes Sale of Japan Operations &amp; Maintenance Platform to PAG Real Assets&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/correction-first-solar-completes-sale-of-japan-operations-maintenance-platform-to-pag-real-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-05T13:01:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1OTQ1NyM1MTg4ODI1IzIwMDYxMzA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correction-first-solar-completes-sale-of-japan-operations-maintenance-platform-to-pag-real-assets\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/correction-first-solar-completes-sale-of-japan-operations-maintenance-platform-to-pag-real-assets\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CORRECTION &#8212; 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