Chardan Continues Transactional Expansion in the Cleantech Sector

Chardan continues expansion into cleantech sector with role of Exclusive Financial Advisor to Wolf River Electric in SunPower’s strategic minority investment. SunPower Corporation (Nasdaq:SPWR), a leading solar technology and energy services provider, has announced that is has acquired a minority equity stake in Wolf River Electric. Wolf River Electric is the Midwest's leader in residential solar installations, specializing in residential and commercial solar projects throughout Minnesota (MN), Wisconsin (WI), and Iowa (IA). Chardan acted as the exclusive financial advisor to Wolf River in this transaction. 

This is Chardan's 15th ESG-related deal since 2011, with transactions spanning the clean and renewable energy sectors. Chardan's advisory expertise encompasses corporate level investment, both in private and public markets as well as in project finance inclusive of project level equity, debt, and tax equity. This deal highlights Chardan’s versatility in the cleantech sector and demonstrates our ability to execute across the green economy value chain.