(pressebox) Duckwitz, 26.01.2011 – Solarlite GmbH, based in Duckwitz, Mecklenburg-Western Pomerania, has succeeded in raising a total of €4.5 million in new capital. Its latest financing round laid the foundation for the company’s continued expansion. Solarlite used this round to convince institutional and private investors of the potential of its solar thermal technology. The commitment of both new and current investors confirms the positive development of the company and the confidence in its management.
The financing round completed by Solarlite GmbH in December attracted institutional and private investors and raised a whopping €4.5 million in new capital, which lays the financial foundation for the company’s continued international expansion. The new capital is specifically intended to develop the company’s strong market position for small to medium-sized solar thermal power plants and its foothold in Thai and other international markets. In Thailand, Solarlite expects additional projects to be commissioned in the short term. Furthermore, Solarlite GmbH will invest more in research and development in order to build on its leadership in this field of technology and continue to break new ground.
The commitment of current and new investors reflects the positive development of Solarlite and the market potential of solar thermal technology around the world. „BonVenture1 GmbH has been assisting the company since 2008. We are pleased that the company built a solid foundation for continued growth during this financing round,“ commented Dr. Erwin Stahl, CEO of BonVenture GmbH, on the capital raised. In addition to Sirius EcoTech Fonds Düsseldorf, Technologiefonds Mecklenburg-Vorpommern has now also joined as an institutional investor.
„The fact that domestic and international investors are convinced of our company’s growth potential shows that Solarlite is an attractive investment. The capital raised will enable us to achieve our ambitious goals in the coming years,“ said Moritz von Plate, CFO of Solarlite GmbH. Joachim Krüger, CEO of Solarlite GmbH, added, „We view the renewed participation of our current investors in this round as an expression of their confidence in the quality of our successful work. We are thrilled to be able work together to take advantage of new growth opportunities for Solarlite, tackle new projects and introduce highly innovative products in the market.“