Vital Source Invests in Solar Panel factory
Press release Vital Source
04-05-2010 part 1
Thomas Geraets, Chairman of the Board of Vital Source S.A., announced;
Vital Source SA has committed itself to increase the capital of Genesis Energy Investment Plc. by EUR 9 million
This action enable Genesis Solar Spain to accomplish its business goals:
· to complete the finance and to start building the factory
· to receive Euro 20 million state subsidies and apply for the soft loan from the Spanish Central Government and the Andalusian Government
· start to negotiate the purchase contract with AMAT, the equipment supplier.
Genesis Solar España received a letter of continued interest from US Exim Bank and based on that also an offer from the financing bank for the project financing.
Thomas Geraets further stated;
The factory cost today is less than it was anticipated before and by the influence of the investment of Vital Source S.A., Genesis Solar Corporation is considering to start deploying solar farms itself, establishing a vertically integrated business model.
This is a major enhancement and alteration of the former business plan of Genesis Solar Corporation.
Paradiso, 04-05-2010
hi wats your myspace page
i see what you did there
i like
cool
sign me up
I recently came across your internet site and have been reading along. I believed I would leave my very first comment. Good blog. I will keep visiting this website quite regularly.
I’m quite new to the internet and necessary to read up on this topic. Thought it was a fantastic post extremely properly written and informative. I will surely be coming back to your website to read more posts as i adored this one..
I would like to thank You for this good article and please allow me to have the opportunity to express my satisfaction with Host Gator web hosting. They offer professional and instant support and they also offer many HostGator discount coupons.