IQE (LON:IQE) - Solar investment

Friday, Feb 10 2012 by

Feb 10th 2012 - Edison Investment Research today published a report on IQE (IQE.L, LSE:IQE, LON:IQE) entitled "Solar Investment". In summary, the report says:

IQE has raised £10.5m through an equity placing at 24p to fund a strategic investment and partnership with CPV solar chip supplier Solar Junction Corporation (SJC). Through the deal IQE secures both an exclusive supply agreement and an equity stake in a promising company supplying into a market that could be poised to take off. The deal is not dilutive and risks appear to be well mitigated.

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Edison Investment Research


Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority ( more »

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