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Evergreen Solar announces $200 Million sale to SunEdison

19 July 2006 -- Evergreen Solar, Inc., a Massachusetts, U.S.-based manufacturer of solar power products, today announced its largest sales agreement in company history. Under the terms of the agreement, Evergreen Solar will ship approximately $200 million of photovoltaic modules to SunEdison, LLC over the next five years.

The photovoltaic modules will be manufactured at Evergreen Solar's plant in Massachusetts and at the new 30MW EverQ factory in Thalheim, Germany.

SunEdison, based in Baltimore, Maryland, announced in mid-June that it had closed a private equity round of investment with Goldman Sachs as the lead investor along with MissionPoint Capital Partners and Allco Finance Group.




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