About Us

 

8point3 Energy Partners is a growth-oriented limited partnership formed by First Solar and SunPower to own, operate and acquire solar energy generation projects. Our primary objective is to generate predictable cash distributions that grow at a sustainable rate. We intend to achieve this objective by acquiring high-quality solar assets primarily developed by our Sponsors that generate long-term contracted cash flows and serve utility, C&I and residential customers in the United States and other select markets, primarily within countries that comprise the Organization for Economic Co-operation and Development (OECD). Our initial portfolio includes interests in 432 MW of solar energy projects.

 

It takes sunlight approximately 8.3 minutes to reach the Earth from the Sun.

Our Sponsors

 

Our relationship with our sponsors provides 8point3 Energy Partners with a significant competitive advantage. Our sponsors have demonstrated track records of developing solar energy projects in our target markets. For example, between 2005 and 2014, our sponsors developed, built or supplied solar modules to approximately 39% of the 18.1 GW of solar power capacity installed in the United States and approximately 11% of the solar power capacity installed in the OECD. As of March 31, 2015, on a combined basis, our sponsors had identified a development pipeline of approximately 13.7GW of potential solar energy project opportunities, ranging from Early-stage to advanced-stage development.

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First Solar

 

First Solar (NASDAQ: FSLR) is a leading global provider of comprehensive photovoltaic solar systems, with use its advanced module and system technology. First Solar develops, finances, engineers, constructs and operates solar assets, with over 10GW installed worldwide. First Solar’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation. From raw material sourcing through end-of-life module recycling, First Solar renewable energy systems protect and enhance the environment. As of December 31, 2014, First Solar had total assets of $6.7 billion.

 

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Sunpower

SunPower

 

SunPower (NASDAQ: SPWR) designs, manufactures and delivers the highest efficiency highest reliability solar panels and systems available today. Residential, business, government and utility customers rely on the company’s 30 years of experience. Headquartered in San Jose, California, SunPower has offices in North and South America, Europe, Australia, Africa and Asia. As of December 28, 2014, SunPower had total assets of $4.4 billion. SunPower is majority owned by Total S.A., the fifth largest publicly-listed energy company in the world.

 

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Corporate Governance

 

Our general partner, 8point3 General Partner LLC, manages our operations and activities on our behalf through its directors and executive officers.

Executive Management and Board of Directors