Norsk Hydro invests additional 62 mln nkr in US solar energy firm Ascent Solar |
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Published
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Tue, 21 Aug 2007 11:54
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OSLO (Thomson Financial) - Norsk Hydro ASA said it is to invest an additional 62 mln nkr in US-based solar energy group Ascent Solar, a producer of super-thin, flexible solar-cell modules.Earlier this year Hydro invested 56 mln nkr in the Colorado-based company, meaning the Norwegian group's total investment now stands at 118 mln nkr.No details were given on the size of the stake Hydro will take in the firm in return for its investment.alastair.reed@thomson.comar/rwCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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