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Sky Solar Announces Hudson's Motion for Summary Judgement Denied by the Supreme Court of the State of NY

Sky Solar Announces Hudson's Motion for Summary Judgement Denied by the Supreme Court of the State of NY

Sky Solar宣佈哈德森的即決判決動議被紐約州最高法院駁回
道琼斯 ·  2019/12/03 22:07

Press Release: Sky Solar Announces Hudson's Motion for Summary Judgement Denied by the Supreme Court of the State of New York

新聞稿:Sky Solar宣佈哈德森的簡易判決動議被紐約州最高法院駁回

Sky Solar Announces Hudson's Motion for Summary Judgement Denied by the Supreme Court of the State of New York

Sky Solar宣佈哈德森的即決判決動議被紐約州最高法院駁回

HONG KONG, Dec. 03, 2019 (GLOBE NEWSWIRE) -- Sky Solar Holdings, Ltd. (NASDAQ: SKYS) ("Sky Solar" or the "Company"), a global developer, owner and operator of solar parks, today announced that on November 22, 2019, the Supreme Court of the State of New York (the "Court") ordered that Hudson's motion for summary judgment is denied as moot in light of the stipulation of discontinuance without prejudice which was filed by Hudson and Sky Solar on November 14, 2019.

香港,2019年12月3日(環球網)--全球太陽能園區開發商、擁有者及經營者納斯達克(Sky Solar Holdings,Ltd.)(以下簡稱“天空太陽能”或“公司”)今日宣佈,紐約州最高法院於2019年11月22日裁定駁回哈德遜的簡易判決動議,理由是哈德遜和天空太陽能於2019年11月14日提出的終止訴訟不構成損害的規定毫無意義。

In February 2019, Hudson filed an action against the Company in the Court, seeking summary judgment in lieu of a complaint to, among other things, accelerate amounts allegedly due under a note purchase agreement and enforce certain guaranties related to the note purchase agreement against the Company. Sky Solar strongly denied all relevant claims alleged by Hudson and defended itself vigorously.

2019年2月,Hudson向法院提起針對本公司的訴訟,尋求簡易判決代替申訴,其中包括加快票據購買協議下據稱到期的金額,並針對本公司執行與票據購買協議相關的某些擔保。Sky Solar強烈否認哈德森聲稱的所有相關指控,併為自己進行了有力的辯護。

About Sky Solar Holdings, Ltd.

關於天空太陽能控股有限公司

Sky Solar is a global independent power producer ("IPP") that develops, owns, and operates solar parks and generates revenue primarily by selling electricity. Since its inception, Sky Solar has focused on the downstream solar market and has developed projects in Asia, South America, Europe and North America. The Company's broad geographic reach and established presence across key solar markets are significant differentiators that provide global opportunities and mitigate country-specific risks. Sky Solar aims to establish operations in select geographies with highly attractive solar radiation, regulatory environments, power pricing, land availability, financial access and overall power market trends. As a result of its focus on the downstream photovoltaic segment, Sky Solar is technology agnostic and is able to customize its solar parks based on local environmental and regulatory requirements. As of December 31, 2018, the Company owned and operated 211.0 MW of solar parks.

Sky Solar是一家全球獨立發電商(IPP),開發、擁有和運營太陽能園區,主要通過銷售電力獲得收入。自成立以來,Sky Solar一直專注於下游太陽能市場,並在亞洲、南美、歐洲和北美開發了項目。該公司廣闊的地理覆蓋面和在主要太陽能市場的成熟業務是提供全球機遇和降低特定國家風險的重要差異化因素。Sky Solar的目標是在具有極具吸引力的太陽輻射、監管環境、電力定價、土地可獲得性、金融渠道和整體電力市場趨勢的選定地理位置建立業務。由於專注於下游光伏領域,Sky Solar不受技術限制,能夠根據當地的環境和監管要求定製其太陽能園區。截至2018年12月31日,公司擁有並運營太陽能園區211.0兆瓦。

Safe-Harbor Statement

安全港聲明

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include, but are not limited to the following: the reduction, modification or elimination of government subsidies and economic incentives; global and local risks related to economic, regulatory, social and political uncertainties; resources we may need to familiarize ourselves with the regulatory regimes, business practices, governmental requirements and industry conditions as we enter into new markets; our ability to successfully implement our on-going strategic review to unlock shareholder value; global liquidity and the availability of additional funding options; the delay between making significant upfront investments in the Company's solar parks and receiving revenue; expansion of the Company's business in the U.S. and into China; risk associated with the Company's limited operating history, especially with large-scale IPP solar parks; risk associated with development or acquisition of additional attractive IPP solar parks to grow the Company's project portfolio; and competition. Further information regarding these and other risks is included in Sky Solar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

本新聞稿包含前瞻性陳述。這些陳述屬於“前瞻性”陳述,符合修訂後的1933年證券法第27A節和修訂後的1934年證券交易法第21E節的含義,並符合1995年美國私人證券訴訟改革法的定義。這些前瞻性陳述可以通過“將”、“預期”、“預期”、“未來”、“打算”、“計劃”、“相信”、“估計”和類似的表述來識別。除其他外,本新聞稿中管理層的引述以及公司的運營和業務展望包含前瞻性陳述。此類陳述涉及某些風險和不確定因素,可能導致實際結果與前瞻性陳述中的結果大相徑庭。這些風險和不確定性包括但不限於:減少、修改或取消政府補貼和經濟激勵措施;與經濟、監管、社會和政治不確定性相關的全球和本地風險;我們在進入新市場時可能需要熟悉監管制度、商業實踐、政府要求和行業狀況所需的資源;我們成功實施正在進行的戰略評估以釋放股東價值的能力;全球流動性和額外融資選擇的可用性;對公司太陽能園區進行重大前期投資與獲得收入之間的延遲;公司在美國和中國業務的擴張;與公司有限的經營歷史相關的風險, 尤其是大型IPP太陽能園區;與開發或收購更多有吸引力的IPP太陽能園區以擴大公司項目組合相關的風險;以及競爭。有關這些和其他風險的進一步信息,請參見Sky Solar向美國證券交易委員會提交的文件,包括其Form 20-F年度報告。除法律另有規定外,公司不承擔任何因新信息、未來事件或其他原因而更新任何前瞻性陳述的義務。

For investor and media inquiries, please contact:

投資者和媒體查詢,請聯繫:

Sky Solar:

Sky Solar:

IR@skysolarholdings.com

郵箱:ir@sky solarholdings.com

Sky Solar Investor Relations:

Sky Solar投資者關係:

The Blueshirt Group

藍衣組合

US or Mandarin

美語或普通話

Ralph Fong

拉爾夫·方

+1 (415) 489-2195

+1 (415) 489-2195

ralph@blueshirtgroup.com

郵箱:ralph@Blueshirtgroup.com

China

中國

Gary Dvorchak, CFA

加里·德沃夏克,CFA

+86 (138) 1079-1480

+86 (138) 1079-1480

gary@blueshirtgroup.com

郵箱:Gary@Blueshirtgroup.com

(END) Dow Jones Newswires

(完)道瓊通訊社

December 03, 2019 09:07 ET (14:07 GMT)

2019年12月03日東部時間09:07(格林尼治標準時間14:07)

*DJ Sky Solar Announces Hudson's Motion for Summary Judgement Denied by the Supreme Court of the State of NY

*DJ Sky Solar宣佈哈德森的即決判決動議被紐約州最高法院駁回



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December 03, 2019 09:07 ET (14:07 GMT)

2019年12月03日東部時間09:07(格林尼治標準時間14:07)

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