Siemens to acquire of Solel Solar Systems for about $418 million

October 16, 2009  
Written by  in Germany, Green Business, Green Energy, Green News, Solar

According to the Press Release, “Siemens AG is to acquire the solar thermal power company Solel Solar Systems Ltd. To date, the majority stake has been held by Ecofin Ltd., a London-based investment firm, and another major shareholder. “After the rapid and highly successful expansion of our wind power business, we now want to continue [...]