SOLON SE successfully concludes refinancing

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Company Information/Group financing

Berlin (euro adhoc) - Berlin, June 1, 2010 - Berlin-based SOLON SE announced the successful conclusion of the reorganization of its Group financing. The syndicated loan now concluded under the lead management of Deutsche Bank AG and extending until year-end 2011 includes commitments for cash credit facilities and facilities by way of bank guarantees totaling EUR275 million. It is partially backed by a default guarantee from the German federal government and the federal states of Berlin and Mecklenburg-Vorpommern. In addition to Deutsche Bank AG as lead manager, seven additional German banks are participants in the financing. "The complete financing now achieved is an expression of the confidence of the banks and guarantors in our Company's potential and forms the basis for the targeted return to profitable growth. We would especially like to express our gratitude to Deutsche Bank AG who has made a substantial contribution to the successful conclusion of this round of financing," said Stefan Säuberlich, CEO of SOLON SE.

About SOLON SE: SOLON SE is one of the largest manufacturers of solar modules in Europe as well as a supplier of solar system technology for large-scale rooftop and greenfield installations. The SOLON Group has subsidiaries in Germany, Austria, Italy, Switzerland, and the U.S. and employs some 900 people worldwide. SOLON´s core business is producing solar modules and photovoltaic systems along with planning and constructing large rooftop installations and turnkey solar power plants all over the world.

Press contact:

SOLON SE Therese Raatz Investor Relations Telefon: 030 / 818 79 - 9305 Telefax: 030 / 818 79 - 9300 E-Mail:

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ots Originaltext: SOLON SE
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Further inquiry note:
Therese Raatz
Head of Corporate Communications
Tel.: +49 30 818 79-9305

Branche: Energy
ISIN:      DE0007471195
WKN:        747119
Index:    Midcap Market Index, CDAX, HDAX, Technology All Share, GEX,
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / regulated dealing
              Hamburg / regulated dealing
              Stuttgart / regulated dealing
              Düsseldorf / regulated dealing
              München / regulated dealing

Weitere Meldungen: SOLON SE

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