Solar 8 Energy AG is issuing a €10,000,000 public bond in March 2011 to finance the development of 13 megawatts of solar power plants in Italy, representing a total investment of €43,000,000. The bond offers a fixed interest rate of 9.25% over 5 years. Proceeds will be used to expand existing solar capacity in Puglia, Italy from the current 1.5 megawatts to a total of 13 megawatts. The executive team and board of Solar 8 have extensive experience in technology, management, law, finance, and renewable energy development.
Solar8 Energy AG €10M Bond Funds Italian Solar Projects
1. Solar 8 Energy AG: In preparation of issuing a € 10,000,000 public bond at 9,25% in March 2011 for a € 43,000,000 investment in Solar Energy. Sunshine for your portfolio Jo Goossens, Vorstand, CEO.
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4. The Solar8 Ambition 2011. Solar 8 wants to build a minimum of 11,5 Megawatt of additional Solar Energy capacity in Puglia Italia, on top of the already finalized 1,5 Megawatt . This will represent a total investment of € 43,000,000 The appropriate to realize this project financing is in final stage
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