Announced

Completed

Aurica Capital completed the investment in STI Norland.

Synopsis

Private equity firm Aurica Capital completed the investment in STI Norland, a solar renewable energy supplier of large size projects. Financial terms were not disclosed. "The decision of investing in STI Norland is based on its solid fundamentals, worldwide leadership position within the emergent solar renewable energy sector, as well as its strong management team, and its strategic plan which foresees a strong growth and expansion toward new markets," Raúl Rodríguez, Aurica Capital Managing Director.

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