DGAP-News: VMCAP - Vorndran Mannheims Capital: Rioglass Solar enters the Concentrated Solar Power receiver business, strengthening its position as supplier of key CSP components, by purchasing Siemens CSP's receiver technology and assets
(firmenpresse) - DGAP-News: VMCAP - Vorndran Mannheims Capital / Key word(s):
Investment
VMCAP - Vorndran Mannheims Capital: Rioglass Solar enters the
Concentrated Solar Power receiver business, strengthening its position
as supplier of key CSP components, by purchasing Siemens CSP's
receiver technology and assets
18.09.2013 / 09:05
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Rioglass Solar enters the Concentrated Solar Power receiver business,
strengthening its position as supplier of key CSP components, by purchasing
Siemens CSP's receiver technology and assets
September 18th, 2013 - Brussels, Belgium -- Rioglass Solar, the leading
manufacturer of mirrors used for Concentrating Solar Power, has signed an
agreement with Siemens CSP, for the acquisition of the receiver technology
and related manufacturing assets.
JoséM. Villanueva, Chairman and CEO of Rioglass Solar Holding, said 'This
acquisition provides Rioglass Solar with a unique opportunity to diversify
and strengthen its presence in the CSP market with an extensive product
offering. It displays once more our commitment to this industry and to our
customers, supporting them in meeting the challenges of a renewable energy
future'.
The execution of the transaction is subject to the approval of the
Antitrust Authority and other governmental entities.
Rioglass Solar reinforces its position as a leader in the CSP market with
this transaction, now as a supplier of two of the main components of
parabolic trough technology, mirrors and receivers, as well as reflectors
for CSP Tower, Fresnel and Stirling Dish technologies.
About Rioglass Solar:
Founded in 2007, Rioglass Solar is now the largest CSP mirror supplier in
the world with cutting edge production facilities in Spain, United States
and South Africa. Rioglass Solar has supplied worldwide more than seven
million mirrors for concentrated solar power (CSP) and concentrated
photovoltaic (CPV) technologies. Rioglass Solar was the first company
introducing tempered parabolic mirrors as well as composite heliostat
facets to the market. In 2011 Vorndran Mannheims Capital, together with
Partners Group, invested into the company to support product
diversification and geographic expansion.
www.rioglassolar.com
End of financial news
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230771 18.09.2013
Themen in dieser Pressemitteilung:
vmcap
vorndran-mannheims-capital-rioglass-solar-enters-the-concentrated-solar-power-receiver-business
strengthening-its-position-as-supplier-of-key-csp-components
by-purchasing-siemens-csp-s-receiver-technology-and-assets
Unternehmensinformation / Kurzprofil:
Datum: 18.09.2013 - 09:05 Uhr
Sprache: Deutsch
News-ID 297692
Anzahl Zeichen: 3473
contact information:
Kategorie:
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