ersol Solar Energy


ersol Solar Energy AG
Wilhelm-Wolff-Strasse 23
D-99099 Erfurt
Germany

Phone: +49 361 21 950
Fax: +49 361 21 95133
www.ersol.de


Ersol Group is a leading manufacturer and distributor for photovoltaic products. After acquiring ASi Industries GmbH, ersol focuses on value chain segments of ingot and wafer production (ASi GmbH) and the production of solar cells (ersol AG). In addition, the ersol group is also involved in module production (via its joint venture SESE Co. Ltd.) to a minor extent and its subsidiary aimex-solar GmbH also trades modules. ersol New Technologies GmbH was formed in 2005, allowing ersol to intensify its activities in the new PV technologies (including thin-film modules). In February 2006 ersol also acquired the silicon recycling company SRS Silicon Recycling Services, Inc., in Camarillo, California. The new ersol group has around 300 employees.

ersol went public on September 30, 2005, and Ventizz Capital Fund II, L.P. realized a partial exit by selling shares as part of the overallotment program (greenshoe). The fund continues to hold a majority interest in the company even after this partial exit. The company concluded agreements with Robert Bosch GmbH on the sale of the remaining stake in ersol totaling 50.45 percent of the share capital at a price of EUR 101.0 per share of ersol on June 2, 2008.

The Logos shown below represent the Investments of Vorndran Mannheims Capital that were successfully sold:


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