Schott Solar looks to shine with $739M IPO
August 27, 2008
Stock by stock, public solar companies are returning to the sunlight, and soon a German star hopes to shine. German glass maker Schott is planning on making a public offering of its solar subsidiary, Schott Solar, aiming to raise around €500 million (about $739 million), according to German newspaper Frankfurter Allgemeine Zeitung (via Reuters).
The exact size and date of the IPO have not been disclosed, though Reuters reported back in May that Schott Solar would likely make its market debut before the end of the year, according to a report in earth2tech Aug. 25.