Sky Solar Engages Leading Investor Relations Firm
March 28 2017 - 9:00AM
Sky Solar Holdings, Ltd. (NASDAQ:SKYS) (“Sky Solar” or the
“Company”), a global developer, owner and operator of solar parks,
today announced that it hired The Blueshirt Group to assist in
executing its communication and outreach program to the financial
community.
“We believe The Blueshirt Group is an ideal partner to help us
raise our visibility with investors, analysts, and the financial
media. Our focus on the downstream segment of the solar value
chain and unique and innovative business model are opening
substantial new market opportunities around the world, and we want
investors to be more aware of our prospects,” commented Mr. Weili
Su, Founder, Chairman and Chief Executive Officer of Sky
Solar. "We look forward to leveraging The Blueshirt Group's
extensive experience in working with a number of solar, energy and
environmental technology companies as we enter the next stage of
our company's development.”
“We are excited about the opportunity to work with this leader
in the solar industry,” said Gary Dvorchak, Managing Director of
the Energy, Environmental & Industrial Technologies practice at
The Blueshirt Group. “We have the IR profession’s leading
environmental practice, and look forward to utilizing our strength
to substantially expand Sky Solar’s visibility in the major money
centers around the world. With a differentiated business
model and a growing global downstream solar market, we expect
interest in Sky Solar to grow meaningfully. We are delighted
to join the Sky Solar team.”
About Sky Solar Holdings, Ltd.Sky Solar is a
global independent power producer (“IPP”) that develops, owns and
operates solar parks and generates revenue primarily by selling
electricity. Since its inception, Sky Solar has focused on the
downstream solar market and has developed projects in Asia, South
America, Europe, North America and Africa. The Company's broad
geographic reach and established presence across key solar markets
are significant differentiators that provide global opportunities
and mitigate country-specific risks. Sky Solar aims to establish
operations in select geographies with highly attractive solar
radiation, regulatory environments, power pricing, land
availability, financial access and overall power market trends. As
a result of its focus on the downstream photovoltaic segment, Sky
Solar is technology agnostic and is able to customize its solar
parks based on local environmental and regulatory requirements. As
of June 30, 2016, the Company had developed 276 solar parks with an
aggregate capacity of 259.1 MW and owned and operated 133.1 MW of
solar parks.
Safe-Harbor StatementThis press release
contains forward-looking statements. These statements constitute
“forward-looking” statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and as defined in the
U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
“will,” “expects,” “anticipates,” “future,” “intends,” “plans,”
“believes,” “estimates” and similar statements. Among other things,
the quotations from management in this press release and the
Company's operations and business outlook contain forward-looking
statements. Such statements involve certain risks and uncertainties
that could cause actual results to differ materially from those in
the forward-looking statements. These risks and uncertainties
include, but are not limited to the following: the reduction,
modification or elimination of government subsidies and economic
incentives; global and local risks related to economic, regulatory,
social and political uncertainties; resources we may need to
familiarize ourselves with the regulatory regimes, business
practices, governmental requirements and industry conditions as we
enter into new markets; our ability to successfully implement our
on-going strategic review to unlock shareholder value; global
liquidity and the availability of additional funding options; the
delay between making significant upfront investments in the
Company's solar parks and receiving revenue; expansion of the
Company's business in the U.S. and into China; risk associated with
the Company's limited operating history, especially with
large-scale IPP solar parks; risk associated with development or
acquisition of additional attractive IPP solar parks to grow the
Company's project portfolio; and competition. Further information
regarding these and other risks is included in Sky Solar's filings
with the U.S. Securities and Exchange Commission, including its
annual report on Form 20-F. Except as required by law, the Company
does not undertake any obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
For investor and media inquiries, please contact:
Sky Solar:
IR@skysolarholding.com
SKYS Investor Relations:
The Blueshirt Group
US or Mandarin
Ralph Fong
+1 (415) 489-2195
ralph@blueshirtgroup.com
China
Gary Dvorchak, CFA
+86 (138) 1079-1480
gary@blueshirtgroup.com
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