Flexible Electronics News

TFG Radiant Increases Ownership in Ascent Solar

Completes acquisition of the Ascent Solar common stock owned by Norsk Hydro

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Ascent Solar Technologies, Inc., a developer of flexible CIGS solar panels, announced that TFG Radiant Investment Group Ltd. has completed the acquisition of the Ascent Solar common stock owned by Norsk Hydro Produksjon AS, previously announced on Jan. 4, 2012. With the purchase, TFG Radiant’s ownership interest increases from 19.4% to 39.0% of the outstanding common shares, making TFG Radiant the company’s largest shareholder. The shares were purchased for approximately $0.50 per sh...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters