SOLON AG für Solartechnik (ISIN DE0007471195) has said that it has made a major new investment in Blue Chip Energy GmbH, raising its stake in the Austrian solar cell manufacturer from 19 percent to 47 percent.
SOLON made the deal via a non-cash capital increase by issuing 327,000 shares in SOLON AG and stated that it would make further investments in Blue Chip at a later date.
SOL Holding AG is a joint venture to invest strategically in companies of the solar value chain. SOLON AG owns 48 percent of this venture, with the remaining shares being held by Ecoventures B.V., Utrecht.
Ecoventures B.V., on its part, will integrate its 60 percent shareholding in the French silicon production company Silicium de Provence in SOL Holding AG.