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First Solar Secures $1 Billion Revolving Credit Facility

Jul 06, 2023•about 2 years ago

Amount Raised

$1 Billion

Tempe

Investors

J.P. Morgan Chase Bank

Description

First Solar, Inc. (Nasdaq: FSLR) announced that on June 30, 2023, it entered into a five-year revolving credit and guarantee facility for $1 billion. The facility includes up to $250 million which is available for the issuance of letters of credit. J.P

Company Information

Company

First Solar

Location

West Washington Street

Tempe, Arizona, United States

About

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&D labs in California and Ohio, the company’s advanced thin film PV modules represent the next generation of solar technologies, providing a competitive, high-performance, lower-carbon alternative to conventional crystalline silicon PV modules. From raw material sourcing and manufacturing through end-of-life module recycling, First Solar’s approach to technology embodies sustainability and a responsibility towards people and the planet. For more information, please visit www.firstsolar.com.

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