Finance / United States
If you would like to subscribe to Corporate Financing Week and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Corporate Financing Week please click on the trial link below.
FTL Solar Raising US$50mn
June 2008 | Corporate Financing News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Corporate Financing Week and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Corporate Financing Week please click on the trial link below.
New York-based FTL Solar announced on June 6 that it has closed the first round of funding for its US$50mn capital acquisition initiative. FTL Solar, which is a developer and manufacturing of thin-film solar cells, plans to invest the capital in research and development, as well as other business development initiatives. The company's financing is being headed up by Terra Firma Capital Group with the hope of reaching its goal by Q408.