Thursday, January 27, 2005

CSG Solar AG

CSG Solar AG, which is developing thin-film solar-module technologies for making solar electric panels, has raised EUR24 million ($31 million) in its first institutional round.

The round was co-led by new investors Apax Partners and Good Energies. All existing investors - Q-Cells AG, Renewable Energy Corp. and IBG Beteiligungsgesellschaft Sachsen-Anhalt mbH - also participated in the round.

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