Chinese investors eye Germany's Conergy

Hope Jared and Brad are brushing up on their Mandarin.

 

Chinese investors eye Germany's Conergy

10.05.2012: According to a report in Germany’s Financial Times, several undisclosed Chinese investors have expressed interest in acquiring a stake in German solar module maker Conergy AG. The newspaper says that the best offer so far has come from a Chinese company that wants to purchase 30 percent of Conergy’s outstanding shares. The article reports that an unnamed company insider said a deal is expected to be closed at some point this summer. Conergy, which has consistently posted a net loss since 2006, has not officially commented on the recent media reports. … Source: Financial Times; Summary: PHOTON http://www.ftd.de http://www.ftd.de/unternehmen/industrie/:krise-der-solarbranche-chines en-greifen-nach-conergy/70034541.html?mode=print

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com