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Value Of SPAC Deal For Florida Solar Co. Lowered By $85M

By Jade Martinez-Pogue (January 25, 2024, 3:18 PM EST) -- Blank-check company ESGEN Acquisition Corp. and Florida-based solar company Sunergy Renewables LLC on Thursday revealed that they have updated the terms of their previously announced merger that will take Sunergy public, resulting in a pro forma enterprise deal value $85 million lower than the original deal terms....

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