Renewable Energy Corp ASA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
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Renewable Energy Corp ASA Updates on Separation of REC Solar from REC Silicon
Renewable Energy Corp ASA (REC) announced with reference to press release of July 18, 2013 on separation of REC Solar from REC Silicon that the guarantee consortium for the separation has been expanded to include 19 additional shareholders as sub-underwriters in addition to the six original members of the guarantee syndicate. All additional underwriters are shareholders of REC as of July 17, and have been allocated the minimum NOK 4 million underwriting commitment as well as additional underwriting based on their subscription and their relative shareholding in REC ASA. All shareholders who subscribed for participation in the syndicate have thus been allocated a portion of the guarantee, and the 19 guarantors will jointly underwrite NOK 200 million of the anticipated NOK 800 million offering in REC Solar.
Latest Developments for Rec Silicon ASA
- REC Silicon ASA has Jens Ulltveit-Moe as Chairman
- Renewable Energy Corp ASA Appoints Mr. Ole Enger as President & CEO and Mr. James May as CFO
- Renewable Energy Corp ASA Sells Subsidiaries in REC Solar Segment to REC Solar ASA
- Renewable Energy Corp ASA's Shareholders Approve Split of REC and Name Change to REC Silicon ASA
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