First Solar Takes Over 20-MW Md. Project

Law360, New York (March 14, 2012, 12:29 PM EDT) -- Arizona-based First Solar Inc. has purchased all stakes in a public-private, 20-megawatt solar power project in Maryland, the buyer said Wednesday, continuing its bid to expand the company's national reach.

Per the deal, the growing alternative energy company will take over Maryland Solar LLC to build what is purported to be the largest commercial solar facility in the state. A spokesman for First Solar declined to comment on financial details, which were not disclosed.

The purchase clears the way for construction to start on the project,...
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