30 Sep '11, 9pm

Deal of the Day: Greentech Assets

With the acquisition of Bekaert’s specialty film division, Saint-Gobain padded its growing portfolio of solar and energy efficiency offerings. The company, which generated €40.1 billion (US$53.9 billion) in 2010 sales, is likely looking for other acquisition targets now. It’s a good time to buy, considering that the economy remains weak and many companies are struggling. “It’s a great time to be an acquirer,” said David Dolezal, managing director investment banking at UBS, during the Renewable Energy Finance Forum in San Francisco this week. “A lot of big industrial players are focused on how cheap these assets have become.” Indeed, the bankruptcies of several solar companies promise to offer assets at a big discount. Canadian Solar just won a bid at an auction to buy all of silicon-solar-cell-maker SpectraWatt’s equipment for $4.95 million. SpectraWatt filed for Chapter 1...

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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Deal of the Day: Greentech Assets

renewableenergyworld.com 30 Sep '11, 8pm

With the acquisition of Bekaert’s specialty film division, Saint-Gobain padded its growing portfolio of solar and energy e...

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