Deals
Sharp Seeks Sale of U.S Solar Developer Recurrent Energy
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Sharp Corp., the Japanese electronics maker, is seeking to sell its U.S. solar-energy development unit Recurrent Energy.
Sharp has retained Bank of Nova Scotia to help shop San Francisco-based Recurrent, according to documents obtained by Bloomberg. Profit in Osaka-based Sharp’s energy unit plunged 97 percent in its first fiscal quarter as residential solar sales slumped in Japan.