US Solar Fund looks at strategic options, including possible sale

Chicago, Oct. 17 – US Solar Fund plc is undertaking a strategic review, considering all potential strategic options to maximize shareholder value, according to a press release.

The company cited structural challenges in the U.S. solar sector and a recent sustained discount of the share price of its net asset value as impediments to its ability to grow.

The board is considering all options, including a sale of all the share capital of the company.

Jefferies International Ltd. and KeyBanc Capital Markets have been hired as joint financial advisers, and Cenkos Securities as joint corporate broker to assist the company with the strategic review.

US Solar Fund is an investment company focused on investing in solar power assets primarily in the United States.

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