Deal

Energy Future Invest backs silicon recycling company

Norwegian – based SiPro, a silicon recycling company, has received a NOK 14 million investment from Energy Future Invest and Novus Energy Partners.  The investment will further develope SiPro´s leading position as a silicon recycler and will finance the company´s new Singapore facility, which will have a production capacity of 2000 MT/yr.

SiPro was founded in 2006 as a spin-off company from a world leading PV company. Its modern technology and lean organization has strengthened SiPro´s position as cost leader. The Company has 30 employees in Norway and its main owners are Novus, EFI and MNU. 

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FundEnergy Future Invest
Portfolio CompanySiPro
Date of Transaction2010-01-29
TransactionAcquisition
Seller
Buyer
Size of TransactionNOK 14.0m
Ind. FocusCleantech
GeographyNorway
StageVenture
 

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(2011-07-13)