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About the Client

Valoe is an innovative technology company based in Finland that operates in the clean energy business. The company’s objective is to have clean solar electricity available for everyone everywhere. Valoe’s solar module plant is located in Mikkeli, Finland, and the company has an IBC solar cell plant in Vilnius, Lithuania.

Goals

Valoe Corporation Issues a 3 Million Euro Convertible Bond. The Company Has Received Subscription Commitments of EUR 2.65 Million for the Convertible Bond.

Achievement

10 Dec 2020 – Solar Cell Production Started at Valoe´s Cell Plant in Vilnius

27 May 2020 – The first Valoe´s IBC test cells met the quality standards

28 April 2020 – The EU Horizon 2020 HighLite product development project started on 1 October Signing the agreements between the EU and partners took time, but in March the project was fully up and running.

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