Emeren Group Ltd Announces Appointment of Financial Advisor and Legal Counsel to the Special Committee

Core Viewpoint - Emeren Group Ltd has formed a Special Committee to evaluate a preliminary non-binding proposal and other strategic alternatives, retaining Kroll, LLC as its financial advisor and Morrison & Foerster as legal counsel [1] Company Overview - Emeren Group Ltd is a leading global solar project developer, owner, and operator, with a comprehensive portfolio of solar projects and Independent Power Producer (IPP) assets, along with significant global Battery Energy Storage System (BESS) capacity [3] - The company specializes in the entire solar project lifecycle, from development through construction to financing, leveraging local talent to enhance efficiency and impact in sustainable energy solutions [3] Strategic Developments - The Special Committee was established to consider the proposal received on March 17, 2025, and to explore other potential strategic options for the company [1] - The Board has cautioned shareholders that no decisions have been made regarding the proposal or any strategic alternatives, and there is no assurance that a definitive offer or agreement will be reached [2]