Trina Solar released details of its management buyout exactly a year ago. This week, investors are expected to take the independent advice given to them, and approve the deal, valued at around US$1.1 billion.
So what next?
The company, and CEO Jifan Gao have only discussed offering “superior value” for shareholders. What form this might take is unclear.
Yali Jiang, an analyst with Bloomberg New Energy Finance (BNEF), views the potential higher value on an alternative market as the primary driver.
