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Germany

Germany

German renewables company BVT increases capital

The annual general meeting of Germany renewables development company BVT Energie und Umwelttechnik in Munich on December 13 voted in favour of a capital increase through an emission of 2,566,206 registered shares with an issue price of between EUR 5.5 and EUR 7.5 per share. The subscription period ends on June 13, at the latest. The capital increase is to be used to expand the company's investment program, balanced between wind energy, combined heat and power, and hydro. BVT has wind projects planned in Spain (page 8) and southern Italy.

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