Itarion Solar Finds New Investor, Proceeds With Operations

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An investment consortium is planning to acquire from Qimonda a 51% interest in Itarion Solar, in which CENTROSOLAR Group AG is a 49% partner. With the 51% acquisition, Itarion has secured its ability to continue operations and pursue a new solar cell plant in Portugal.

The consortium comprises Energias de Portugal, Inovcapital, Banco Espirito Santo, Banco Comercial Portugues, Banco Privado Atlantico, DST Renovaveis and the Visabeira Group.

SOURCE: CENTROSOLAR

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