NorSun
NorSun is a Norwegian solar energy company that manufactures and markets high performance monocrystalline silicon ingots and wafers.
Business Model: Non-Profit
Revenue: $0
Employees: 501-1,000
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Detailed NorSun Information
Geographic Data
Address:
City: Oslo
State: Oslo
Zip:
Country: Norway
Financial Info
Stage:
debt financing
Raised Last:
$94M
Raised Total:$304M
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Description
NorSun is a Norwegian solar energy company that manufactures and markets high performance monocrystalline silicon ingots and wafers. Annual production capacity at the company&s;s modern production facilities in Ã…rdal, Norway and Vantaa, Finland is expected to exceed 200 MWp by the end of 2009. NorSun&s;s customers are industry leading manufacturers of high efficiency solar cells that value quality, innovation and manufacturing excellence. The company is committed to grow economies of scale and deliver technological advances that contribute to an efficient and affordable conversion of sunlight into electricity.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2006 | Venture Round | 1 | $8.4M |
ITOCHU Corporation ITOCHU Corporation |
11/2006 | Venture Round | 1 | $23M |
Norsk Hydro ASA Norsk Hydro ASA |
11/2006 | Private Equity Round | 3 | $105.8M |
Norsk Hydro ASA Good Energies ITOCHU Corporation Good Energies ITOCHU Corporation Norsk Hydro ASA |
3/2009 | Debt Financing | 2 | $94M |
DNB Nordea DNB Nordea |
3/2009 | Private Equity Round | 3 | $72.3M |
Norsk Hydro ASA Good Energies Scatec AS Good Energies Norsk Hydro ASA Scatec AS |
|---|
| Announced Date | Name | Price |
|---|
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