DGAP-News: Cleantech Invest AG increases its stake in Sinosol AG
(firmenpresse) - Cleantech Invest AG / Miscellaneous
15.06.2010 07:00
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- Acquisition of additional shares from existing shareholders
- Sinosol Group expects strong revenue growth in fiscal year 2010
- Significant growth potential for PV installations in China
St. Gallen, 15 June 2010 - CLEANTECH INVEST AG (ISIN: CH0034183175, Ticker
Frankfurt: 4CT, Ticker Berne: CTI, www.cleantech-invest.ch) - a Berne and
Frankfurt Stock Exchange listed Growth Capital Fund focusing on Clean
Technology Investments in the German-speaking region - announces an
increase of its stake in Sinosol AG.
Cleantech Invest AG has been a shareholder of Sinosol AG for almost three
years. Through the purchase of additional shares from existing
shareholders, Cleantech Invest AG was able to more than double its stake in
Sinosol AG.
Sinosol Group is an international project developer and turn-key solution
provider of solar parks as well as a supplier for photovoltaic systems and
solutions. Sinosol AG has extensive experience in planning and turn-key
implementation of photovoltaic power plants, including large-scale projects
in Germany, Spain and France. As a German-Chinese group it benefits from
established networks in both home markets, in equipment sourcing as well as
in sales and project realisation. The activities of the Sinosol Group are
currently focused on Europe and China. The Sinosol Group expects revenues
for fiscal year 2010 to exceed hundred million Euros.
Raphael Krause, CFO of Sinosol AG, commented: 'We appreciate the confidence
of Cleantech Invest AG. We have been closely working together for more than
three years and the team of Mountain Cleantech AG has very actively
supported our strategy of growing sales and obtaining additional equity
capital. We look forward to our further collaboration.' Jürgen F.
Habichler, President of the Board of Directors of Cleantech Invest AG, is
convinced: 'Sinosol AG has significantly grown since 2007 and we also see
excellent growth potential in the future. The importance of the downstream
segment, namely the development and implementation of PV systems, within
the photovoltaic value chain continues to increase. As a German-Chinese
group Sinosol AG is well positioned to benefit from the expected strong
growth of PV installations in China.'
About Cleantech Invest AG
Cleantech Invest AG (ISIN: CH0034183175, Ticker Frankfurt: 4CT, Ticker
Berne: CTI, (www.cleantech-invest.ch) headquartered in St. Gallen,
Switzerland, is a stock exchange listed Growth Capital Fund focusing
exclusively on clean technology and renewable energy. Cleantech Invest AG
invests in established and growing companies in the field of renewable
energy, environmental and climate protection.
About Mountain Cleantech AG
Mountain Cleantech AG (www.mountain-cleantech.ch) headquartered in
Wädenswil/ Zurich, Switzerland, is the Investment Advisor of Cleantech
Invest AG. Mountain Cleantech AG was founded in the beginning of 2007. The
native German-speaking Investment Team combines extensive Cleantech,
Corporate Finance and Growth Capital experience. The team has been managing
its first fund Cleantech Invest AG since 2007.
Contact
Jürgen Habichler
Phone: +41 44 78 38 041
Email: contact(at)cleantech-invest.ch
Internet: www.cleantech-invest.ch
15.06.2010 07:00 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: Cleantech Invest AG
Dufourstr. 121
9001 St. Gallen
Schweiz
Phone: +41 44 78 38 041
Fax: +41 44 78 38 040
E-mail: contact(at)cleantech-invest.ch
Internet: www.cleantech-invest.ch
ISIN: CH0034183175
Swiss Security Number: A0M1SE
Listed: Open Market in Frankfurt; Foreign Exchange(s) BX
End of News DGAP News-Service
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Datum: 15.06.2010 - 07:00 Uhr
Sprache: Deutsch
News-ID 22384
Anzahl Zeichen: 0
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Kategorie:
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