SPI Energy Announces Exercise of Private Placement Option

SHANGHAI, Jan. 13, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (OTCBB: SRGYY), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Central Able Investments Limited has exercised its option to purchase 2,500,000 ordinary shares (the "Shares") of SPI Energy for a total purchase price of US$5 million, pursuant to an option agreement between the two parties dated January 22, 2015 and its supplemental agreement dated January 11, 2016. The Shares are being offered and sold solely to a non-U.S. investor on a private placement basis in reliance on Regulation S promulgated under the U.S. Securities Act of 1933, as amended.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

About SPI Energy Co., Ltd. (OTCBB: SRGYY)

SPI Energy Co., Ltd. is a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. SPI Energy focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The Company operates an innovative online energy e-commerce and investment platform, www.solarbao.com, which enables individual and institutional investors to purchase innovative PV-based investment and other products; as well as www.solartao.com, a B2B e-commerce platform offering a range of PV products for both upstream and downstream suppliers and customers. The Company has its operating headquarters in Shanghai and maintains global operations in Asia, Europe, North America and Australia.

For additional information visit: www.spisolar.com, www.solarbao.com or www.solartao.com.

Safe Harbor Statement

This release contains certain "forward-looking statements." These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. All forward-looking statements included in this release are based upon information available to the Company as of the date of this release, which may change, and the Company undertakes no obligation to update or revise any forward-looking statements, except as may be required under applicable securities law.

Contact:
Amy Liu, (800) 548-8767

SOURCE SPI Energy Co., Ltd.

Related Links

http://www.spisolar.com