More articles from Pilar Sánchez Molina Solarpack is expected to have a market capitalisation of between €260m ($295m) and €306m following its initial public offering (IPO) on 5 December. The company has been in the news recently for being one of several companies that are working with Tesla Motors (TSLA) to develop solar power storage systems for electric vehicles. Part of the funds generated from the IPO will be used to acquire 13 MW of operating Spanish assets and to finance the development and construction of projects in Chile, India and Spain.
Solarpack is expected to have a market capitalisation of between €260m ($295m) and €306m following its initial public offering (IPO) on 5 December. The company has been in the news recently for being one of several companies that are working with Tesla Motors (TSLA) to develop solar power storage systems for electric vehicles. Part of the funds generated from the IPO will be used to acquire 13 MW of operating Spanish assets and to finance the development and construction of projects in Chile, India and Spain.