Heuking Kühn Lüer Wojtek advises solarhybrid AG on Segment Change
On November 9, 2011, the Federal Financial Supervisory Authority (BaFin) approved the prospectus for admission of the shares of solarhybrid AG, Brilon, for trading on the regulated market of the Frankfurt Stock Exchange (General Standard). Trading on the regulated market is scheduled to start on November 17, 2011.
The company, to date listed in the Open Market segment of the Frankfurt Stock Exchange, develops and manufactures turnkey photovoltaic power plants with multi-megawatt production capabilities. Wholly-owned subsidiary solar hybrid capital management GmbH is responsible for project financing, structuring and marketing. The expertise in technical, organizational and financial project management is evidenced by a reference list of completed or contracted photovoltaic power plants with a total capacity of 267 MWp.
The switch to the EU-regulated market will allow solarhybrid AG to increasingly attract institutional investors. Additional objectives include boosting of the share's liquidity and improving the options for procuring outside capital. The experts of law firm Heuking Kühn Lüer Wojtek have been advising the company that was established in 2006 in matters of capital market law and assisted in drafting the prospectus required for the segment change.
Counsel to solarhybrid AG:
Dr. Mirko Sickinger LL.M., Tobias Nagel und Sven Radke, LL.M., all from Heuking Kühn Lüer Wojtek's Cologne office.