sunpartner technologies News

2014/04/14

Sunpartner Technologies Raises € 6.7 M ($ 9.3 M) in Capital and Successfully Completes the Investment Campaign begun in 2013

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Aix-en-Provence, April 14, 2014.

Sunpartner Technologies, an engineering firm specialized in Solar New Energy Technologies (NETs), has just reached a new key stage in its development. Advised by LEONARDO & CO and PME Capital Conseil, the company has just closed its investment campaign that began in 2013. Sunpartner Technologies has just raised € 6.7 M ($ 9.3 M), bringing the total capital investment to € 9.8 M. This amount far surpasses the initial target of € 8 M, further proof of investors’ confidence and interest in the company.

For Ludovic Deblois, President and Co-founder of Sunpartner Technologies, “This success is evidence of our investing partners’ continued confidence.” The company’s historical investors, Davanière Capital, Eurowatt Partenaire, Crédit Agricole, and Gravitation, participated as well as a newcomer, Sigma Gestion, a Capital Investment Management company and part of the ACG Group.

Guillaume Hemmerlé, Investment Director at Sigma Gestion, said, “A few years ago, we identified Sunpartner Technologies as one of the most promising companies in thin-film solar technologies. Their recent technical and commercial progress, as well as their exceptional results in production and industrial development, convinced us to invest in the company.”

This capital will enable Sunpartner Technologies to increase investment in four key areas:
• Optimize R&D to present a range of mature technologies, bring new technologies to maturity, and launch new programs.
• Strengthen its intellectual property strategy.
• Develop new commercial and partnership projects in global markets.
• Increase the core strength of the company, its team, by hiring new staff.

With this sixth round of capital investment, Sunpartner Technologies has raised a total of € 19.9 million ($ 27.6 million) since 2010.

Investors in this Round
> Sigma Gestion: Guillaume Hemmerlé, Investment Director
> Davanière Capital and Eurowatt Partenaire: Roland Rémondet, CEO of Davanière Capital and Executive Manager at Eurowatt Partenaire
> Crédit Agricole: Armand Perrin, Head of Business Creation
> Gravitation: Charles Beigbeder, President of this financial and industrial holding company
> Advising Sunpartner Technologies
• Leonardo & Co : Jean-Baptiste Marchand, Joseph Akouri, Jad Hariri
• PME Capital Conseil: Henry Pastré and Philippe Eygonnet, Associates
• Henry de Mercey, Legal Counsel, SCP Chriqui Mercey, Associates

About Sunpartner Technologies
Founded in 2008, Sunpartner Technologies is an engineering company specializing in Solar NETs (New Energy Technologies). They develop independent energy solutions that are integrated into smart surfaces and are invisible. In particular, the company invented the transparent photovoltaic technology Wysips,® which transforms any surface into a solar panel that can produce its own energy.

The company’s innovations have led to development and licensing partnerships with leading international companies, for products such as mobile telephones, advertising billboards, and aviation equipment (windows).

Sunpartner Technologies has regularly received awards both for its innovation and from the business community, such as the Nobel Sustainability® Clean Tech Company award in 2013 and Technology Pioneer 2014 from the World Economic Forum.

Based in Aix-en-Provence (France), the company has a team of 40 employees and projects a combined turnover of € 100 million ($ 137 million) by the end of 2016.

http://sunpartnertechnologies.com

Media Contact Sunpartner Technologies
Marion CHANSON
+33 (0)6 15 71 16 76
marion.chanson@sunpartner.fr