Canadian Solar Acquires SpectraWatt for $4,945,000

  • Feed Type
  • Date
    9/30/2011
  • Company Name
    SpectraWatt
  • Mailing Address
    2070 Route 52, Bldg 334 Zip 23A Hopewell Junction, NY 12533
  • Company Description
    SpectraWatt will manufacture and supply photovoltaic cells to solar module makers. In addition to focusing on advanced solar cell technologies, SpectraWatt will concentrate development efforts on improvements in current manufacturing processes and capabilities to reduce the cost of photovoltaic energy generation.
  • Website
    http://www.spectrawatt.com
  • Transaction Type
    M&A
  • Transaction Amount
    $4,945,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition of capital equipment and assets was paid for with all cash.

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