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Home / News / Solar inverter company Solutronic to list before year end
Solar inverter company Solutronic to list before year end
05.11.2010  
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http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/solar-by-technology-renewable-energy-news/solar-inverter-company-solutronic-to-list-before-year-end.html

Germany-based solar inverter manufacture Solutronic is tipped to list on the Frankfurt Stock Exchange by the end of the year.

The company said this week that it will make an initial public offering on the exchange some time this year, according to a report in Reuters.
It hopes to raise capital in order to fund its expansion, but has not said how much it is hoping to get from the offering.
The company has generated €16.6m in revenue for the year-to-date, a vast uptick on the previous year when its sales stood at €2.1m.


 
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