Meyer Burger Technology successfully completed a capital increase raising gross proceeds of approximately CHF 250 million. The transaction consisted of an offering of subscription rights and the subsequent placement of shares for which rights were not exercised. The proceeds from the offering shall be used in particular for the expansion of Meyer Burger’s production of solar cells and solar modules in Germany, respectively in the US. Goldman Sachs Europe, Jefferies and Zürcher Kantonalbank acted as Joint Global Coordinators.
Based in Thun, Meyer Burger is a globally active mechanical engineering company, mainly known for its production facilities in the photovoltaic industry.
Advestra has acted as legal counsel to Goldman Sachs Europe SE, Jefferies and Zürcher Kantonalbank. The team included Alexander von Jeinsen (pictured), Valérie Bayard, Fabian Loretan and Annette Weber (all capital markets), Daniel Raun (corporate) as well as Céline Martin and Philip Frey (tax).