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FRANCE - Crédit Agricole invests EUR 4m into Urbasolar

Source: unquote | 29 Sep 2008
Author: frowell
Deals:  Expansion
Sector:  Industrials

Crédit Agricole Private Equity, via its fund Capenergie FCPR, has invested EUR 4m into photovoltaic business Ubrasolar.

The Montpellier based company, founded in 2006, specilaises in industrial roof-integrated photovoltaic power plants. In 2007 the company had sales of EUR 3m and expects to increase this to EUR 20m in 2008.

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