August 1 (Reuters) - Photon Energy NV PENP.WA :
* SAID ON WEDNESDAY that it HAS SOLD ITS 25% STAKE IN SPV SUNTOP SOLAR FARM TO CANADIAN SOLAR INC.
* SAID SUNTOP SOLAR FARM HOLDS ALL PROJECT RIGHTS AND HAS OBTAINED DEVELOPMENT APPROVAL FOR THE 189 MWP PV POWER PLANT PROJECT IN SUNTOP, AUSTRALIA
* SAID THE TRANSACTION IS EXPECTED TO BE CLOSED AT THE END OF Q3 2019