IR Channel RSS » GCC .. http://www.pirelli.com/corporate/en/channel/irchannel IR Channel RSS Mon, 21 May 2012 12:41:50 +0000 http://wordpress.org/?v=3.0.1 en hourly 1 http://wordpress.org/?v=3.0.1 PROTAGONISTS ON THE RENEWABLE ENERGY SCENE http://www.pirelli.com/corporate/en/channel/irchannel/2009/11/19/protagonists-on-the-renewable-energy-scene/ /corporate/en/channel/irchannel/2009/11/19/protagonists-on-the-renewable-energy-scene/#comments Thu, 19 Nov 2009 16:22:01 +0000 by Pirelli /corporate/en/channel/irchannel/?p=460 Pirelli Ambiente and Global Cleantech Capital (GCC) reached an agreement for acquisition by Pirelli Ambiente of the 50% stake owned by GCC in Solar Utility. Solar Utility was founded in 2007 as a 50/50 joint venture between Pirelli Ambiente and GCC, a private equity fund specialized in clean energy investments, in order to make joint investments in the photovoltaic sector. The transaction, worth approximately 8 million Euro, will increase Pirelli Ambiente’s stake to 100% of the company.
The purchase of the 50% stake not previously held by Pirelli Ambiente will allow it to pursue new growth Opportunities for Solar Utility, including through industrial partnerships like the one recently begun with Norwegian national energy utility Statkraft, as the first step to creating an important player in the renewable energy industry in Italy.

icon_pdf  Press release Pirelli – Solar Utility 13.11.2009

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