GREY:CRIUF - Post by User
Comment by
predawnon Dec 06, 2018 7:04pm
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Post# 29079492
RE:RE:RE:RE:RE:RE:RE:RE:Wow!!!!!!!!
RE:RE:RE:RE:RE:RE:RE:RE:Wow!!!!!!!!well to me this says we are basically out of the solar business
- As of the end of the third quarter of 2018, the trust has substantially wound down its solar business such that it does not expect a continued meaningful negative financial impact from the solar business in the fourth quarter of 2018 and beyond.
- A third party adviser was engaged to explore the strategic alternatives for the solar business, and, as a result of this process, the decision was made to wind down the solar business, with the temporary exception of the Verengo new-home installation business in California, which operates at a near-break-even basis. Verengo will continue operating during the final stages of the trust's strategic review, which is now expected to conclude in the fourth quarter of 2018.