ErSol Solar Energy AG

euro adhoc: ersol Solar Energy AG
other
ersol paves the way for growth for its Thin Film unit with Ventizz moving in as financing partner

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04.02.2008

ersol paves the way for growth for its Thin Film unit with Ventizz moving in as financing partner

Ventizz Capital Fund III LP, Delaware and Ventizz Capital Fund IV LP, Jersey (Ventizz) signed a contract on the holding of Ventizz in ersol Thin Film GmbH, Erfurt, which has been approved by the Supervisory Board of ersol today. Ventizz will acquire a minority stake of nearly 50% in ersol Thin Film GmbH by way of a cash capital increase. ersol will retain the managerial responsibility. Ventizz will contribute the sum of EUR 48 million to the equity capital of ersol Thin Film GmbH and is additionally furnishing partner's loans. The cash inflow shall be employed for investments in further growth and the company´s technology development. The ersol subsidiary produces amorphous silicon thin-film modules. It is planning to supplement its existing production with further capacity expansion of the groundbreaking micromorphous thin-film technology.

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ots Originaltext: ErSol Solar Energy AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Sonja Teurezbacher
Director Corporate Communications & Investor Relations
Phone: +49 361 2195-1130
sonja.teurezbacher@ersol.de

Branche: Alternative energy
ISIN:      DE0006627532
WKN:        662753
Index:    Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
              Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse München / free trade



Weitere Meldungen: ErSol Solar Energy AG

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