A fully operational, state-of-the-art shingled-cell production line—built in 2023, running today, proven profitable. The owner is exiting due to regulatory headwinds. This creates a rare opportunity: acquire proven capacity at 40–50% below replacement cost. Expand your capacity in weeks, not years. Lock in a proven revenue stream before this closes.
Why move fast: First-mover locks market position in premium shingled-cell segment. Equipment, team, supply chain all battle-tested. No build risk. No 24-month delays.
⏰ Limited window: Qualified buyers only. This line will not stay available.
Market context: Shingled-cell manufacturing capacity is scarce. Competitors are locking in greenfield builds (18–24 months out). The solar boom is now. Manufacturers with capacity gain first-mover advantage—higher pricing power, customer lock-in, margin expansion. This facility puts you in production within weeks, not years.
vs. 24 months for greenfield. Competitors are still in permitting. You're shipping to customers.
$350M vs $900M+ for new build. Reduce balance-sheet risk. Improve ROIC immediately.
1.8 GW × $140–$180/W at premium ASP. Profitable from month one.
The current owner—a former Nasdaq-listed company—is divesting the Mexican facility amid evolving regulatory and tariff conditions affecting global solar manufacturing. Rather than operate the line at reduced margins or face potential trade barriers, the owner has decided to pursue an efficient sale of the asset.
Why the Owner is Exiting:
Why This Creates Opportunity:
Shingled-cell technology is moving from niche to mainstream. The manufacturers who secure proven capacity today will dominate market share tomorrow. This facility puts you ahead—especially at this price.
Greenfield competitors are still in permitting and construction. You launch to customers next quarter. Market timing = competitive moat.
New build costs ~$800M–$1.2B. This line: proven, operating, depreciated. Expand capacity without the balance-sheet burden.
Shingled-cell commands 8–12% price premium over standard. Proven production means day-one revenue from premium ASP, not ramp uncertainty.
Mexico-manufactured panels can offer tariff advantages over certain imported products. Mexicali is <10km from the U.S. border, supporting cost-effective delivery to North American customers.
Suppliers, logistics, utilities, workforce—all battle-tested and running. No ramp risk. No supply surprises. Just execution.
1.8 GW/year nameplate = ~$250M–$350M annual revenue potential at current market ASP. Profitable from day one, with years of runway.
No permitting delays. No supply-chain surprises mid-build. No technology unproven on your line. Eliminate the biggest greenfield risks.
Trained team, maintenance records, production schedules, vendor relationships—transfer as-is. No re-staffing, no learning curve.
Manufacturing processes, quality systems, product certifications, and technical documentation all included. Operate under proven standards day one.
Don't need the entire line? Buy equipment piecemeal—individual production stations, inventory, or infrastructure. Retrofit into existing facilities or custom build your own.
Premium architecture that commands differentiated positioning and efficiency gains.
Cells
Cutting
Shingling
Lamination
Testing
Shingled-cell technology is capturing growing market share, driven by premium efficiency and aesthetic advantages.
Current market share (2026)
Projected by mid-2030s
Annual growth rate (CAGR)
Shingled-cell capacity is constraining. Market leaders are making moves now. Delay means losing market position, pricing power, and customer relationships to faster competitors.
Option 1: Full Line — Add 1.8 GW without the 24-month wait. Diversify portfolio into shingled-cell niche. Capture premium margin.
Option 2: Pick Equipment — Buy individual stations to retrofit your existing line. Upgrade with proven shingled-cell technology. Minimal facility disruption.
🎯 Best Option: Mix & match equipment + inventory to complement your current operations.
Launch production without greenfield risk or 24-month build. Operate under proven systems. Establish manufacturing credentials fast.
Benefit: Proven playbook, battle-tested team, zero commissioning risk.
12–15% EBITDA margin with immediate revenue. Scale operations, add capacity, or integrate upstream/downstream.
Benefit: Cash-generative asset, proven tech, attractive exit multiples.
Complete production facility available as a full line or by category—or purchase equipment piecemeal to match your exact needs.
Acquire the entire 1.8 GW production line as-is. Turnkey operation. Existing workforce, supply chain, customers. Fastest path to revenue.
Best for: New entrants, PE/investors, aggressive capacity expansion
Purchase specific production equipment stations (cutting, lamination, testing, etc.). Build your own assembly sequence. Add capacity to existing facilities.
Best for: Existing manufacturers, regional producers, equipment upgrades
Pricing available per station or subsystem
Available standalone or bundled
Interested in shipping equipment out of Mexico? We've prepared detailed logistics documentation covering:
Manufacturing Facility
Dual loading docks, on-site solar generation
Cell cutting, bonding, lamination, framing, EL/IV testing, and quality inspection systems
Completed, tested panels ready for shipment—most liquid asset category
Racking, material handling, HVAC, electrical distribution, on-site solar generation
Glass, backsheet, encapsulant, framing stock, junction boxes, in-process panels
Existing assembly team with cell-to-panel production experience in Mexicali
Product certifications, quality systems, manufacturing processes, and technical documentation
Dual-gateway region with deepwater seaport (180-235 km) and direct U.S. border crossing (<10 km)
Submit initial inquiry with company background
Mutual confidentiality agreement
Full operational & financial details disclosed
Site visit and technical assessment
Finalize terms and transaction documentation
Project Solara is a confidential opportunity to acquire a premier solar manufacturing facility in Mexico. The asset—a state-of-the-art 1.8 GW shingled-cell production line—is owned by a former Nasdaq-listed company pursuing a strategic divestment. The transaction is being managed by Robert Chew through HM Management Services Pte Ltd on behalf of the former Nasdaq-listed company.
Robert Chew is representing a former Nasdaq-listed company to facilitate a swift, professional sale to qualified international buyers. As Managing Director of HM Management Services, Robert coordinates buyer communications, due diligence, and the transaction process from initial interest through closing. His deep experience in cross-border manufacturing transactions and international regulatory compliance ensures that the owner's objectives and buyer interests are addressed transparently and efficiently, with strong compliance standards and disciplined transaction protocols maintained throughout.
Managing Director & Transaction Manager
HM Management Services Pte Ltd (Representing a Former Nasdaq-Listed Company)
Robert Chew is a seasoned transaction executive with 20+ years of experience in cross-border M&A, international operations management, and complex corporate restructuring. Currently, Robert runs HM Management Services, and is now managing Project Solara on behalf of the current owner, a major solar manufacturer. He brings deep expertise in orchestrating major acquisitions, manufacturing facility transitions, regulatory compliance, and sophisticated deal structuring across multiple continents—making him ideally suited to facilitate this strategic divestment to qualified buyers.
Robert's combination of CFO-level financial expertise, hands-on M&A execution, and international manufacturing experience uniquely qualifies him to guide qualified buyers through the full acquisition lifecycle for Project Solara. He has successfully navigated complex regulatory approvals, coordinated multi-country operations, and closed transformational deals—ensuring buyers receive expert guidance and absolute transparency throughout the process.
robert.chew@robertcc.com
Phone
+65 9820 2250
+86 199 2197 3628
HM Management Services is a specialized investment and transaction management firm focused on industrial asset acquisitions, facility transitions, and cross-border manufacturing deals in Asia-Pacific and North American markets.
The firm brings together deep operational expertise, financial structuring capabilities, and regulatory compliance knowledge to facilitate complex industrial transactions for institutional investors, family offices, and strategic buyers.
Every transaction is managed with absolute confidentiality, strong compliance standards, disciplined protocols, professional rigor, and transparent communication with all qualified parties.
We structure Project Solara to move efficiently from initial interest to full disclosure:
To receive the mutual NDA and full facility details, please complete the form below or contact our representative directly.
Robert Chew — Authorized Representative
Email: robert.chew@robertcc.com
Phone: +65 9820 2250 / +86 199 2197 3628