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SOLON SE Sonnenallee 224 B 12059 Berlin, Germany http://www.solon.com
Contact Ms Therese Raatz +49 30 818799305
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SOLON SE

SOLON's investment Blue Chip Energy GmbH will file for insolvency

(PresseBox) (Berlin, )
Today, the management of Blue Chip Energy GmbH took the decision to file for insolvency proceedings for the company. SOLON had acquired a participation in the Austrian cell manufacturer in 2006 in order to ensure the supply of solar cells which was critical at that time and currently still holds 18.28% of the shares in the company. Following the insolvency of Blue Chip Energy, SOLON will have to make a valuation allowance in the aggregate amount of EUR 18 million, which primarily results from a shareholder loan granted in the past.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.