The first priority in using the funds is the development and realization of further projects in the Spanish and US markets. The subscription price will be fixed and published on The subscription right is excluded for peak sum of 105,632 shares ruled out.
The aim is to strengthen its position in existing markets and allow
Together with its subsidiaries, Solar Millennium specializes in parabolic trough power plants, two of which are already under construction. The first priority in using the funds is the development and realization of further projects in the Spanish and US markets. The issuing proceeds will finance the expansion of both project development activity and the companys technological lead. The aim is to strengthen its position in existing markets and allow entry into further markets. The capital increase will expand the share capital to up to million shares.
The new shares can be subscribed from to via Commerzbank AG. The aim is to strengthen its position in existing markets and allow entry into further markets. The issuing proceeds will finance the expansion of both project development activity and the companys technological lead.
The issuing proceeds will finance the expansion of both project development activity and the companys technological lead. The company covers all major business sectors of the valueadded chain for solar thermal power plants, from project development to technology and turnkey construction of power plants, to the operation and ownership of power plants. The subscription price will be fixed and published on In Spain, Solar Millennium developed Europes first ever parabolic trough power plants, two of which are already under construction.
Further projects are planned with capacity of several hundred Megawatts located worldwide, with the focus upon Spain, the USA, China and North Africa. The subscription rights ISIN DE000A0TGM35 can be traded in the period from to 2008Solar Millennium AG ISIN DE0007218406 is conducting cash capital increase from authorized capital with preemptive rights. The issuing proceeds will finance the expansion of both project development activity and the companys technological lead. Under the subscription ratio, four old shares give entitlement to one new share.
The aim is to strengthen the technological lead of the Solar Millennium group. In order to promote internationalization, the company shall also intensify project developments in other countries in the earths Belt. Solar Millennium AG, Erlangen, is globally active company in the renewable energy sector, with its main focus on solar thermal power plants, from project development to technology and turnkey construction of power plants, to the operation and ownership of power plants. The subscription price will be fixed and published on Home Solar Millennium AG conducts cash capital increase from authorized capital with preemptive rights.
Tags: renewable energy
