First Solar Inc. (NASDAQ: FSLR) and Exelon Corp. (NYSE: EXC) announced today that the Antelope Valley Solar Ranch One project has received the first installment on a federal loan that could eventually total $646 million to construct the 230-megawatt solar PV project. Exelon bought the project from First Solar last September, contingent on receipt of the federal loan money.
Now that the first payment has come through, Exelon owns the project, which will be constructed and operated by First Solar.
Receipt of the funds hasn’t done anything to help First Solar’s share price, which is down nearly -4% today at $20.87 after posting a new 52-week low of $20.50 earlier in the day. The stock’s 52-week high is $150.69.
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
