Kaye Scholer Represents SunRay Renewable Energy in Sale to SunPower

February 11, 2010

Kaye Scholer represented the management shareholders of SunRay Renewable Energy Limited, a leading European solar energy group with operations in Spain, Italy, Greece, Israel and the UK, on tax and incentives structuring prior to and during the sale of the group for $277 million to SunPower Corp. [NASDAQ: SPWRA, SPWRB], a solar panel manufacturer headquartered in California.

Kaye Scholer lawyers working on the transaction were Tax Partner Daniel Lewin, Corporate Partner Stuart Fleet, Counsel Kate Parker, and Tax Partner Willys Schneider in New York.

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