Conergy CFO resigns

Conergy CFO resigns

24.10.2011: German solar group Conergy AG has announced that its CFO, Sebastian Biedenkopf, will leave the company, effective Feb. 2012. Speaking with PHOTON, Biedenkopf said that now that he has completed the process of refinancing the company, he feels it is a good time to leave. Conergy has updated its guidance and expects that it will no longer increase its revenues and profits this year. For the first two quarters of 2011, Conergy reported a loss of €40 million (US$55.5 million). ... Source: Conergy AG, PHOTON, summary: PHOTON http://www.conergy.de

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com