The AES Corporation and Alberta Investment Management Corporation (AIMCo), on behalf of certain of its clients, have agreed to acquire FTP Power LLC (sPower), the largest independent owner, operator and developer of utility scale solar assets in the United States, from Fir Tree Partners and its minority owners, for $853 million in cash, plus the assumption of $724 million in non-recourse debt.

Read more: AES and AIMCo Agree to Acquire sPower, the...

Marathon Capital is pleased to announce the successful sale of FTP Power LLC ("sPower"), the largest independent utility scale solar owner, operator and developer in the United States, to AES Corporation and Alberta Investment Management Corporation ("AIMCo"). AES and AIMCo will each own slightly below 50% equity interests in sPower.

Read more: Marathon Capital Announces the Sale of sPower to...

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