aventron raised 55.2 million Swiss Francs in fresh capital
aventron pursues a focused and balanced growth strategy in the field of renewable energy production using hydro, wind and solar power. In order to achieve its goals, fresh financial resources in the form of equity capital were raised. The annual general meeting on April 16, 2020 had approved the capital increase. This was carried out while preserving the subscription rights of existing shareholders and was completed successfully and according to plan on the 25th of June. 5,258,560 new registered shares with an issue value of CHF 10.50 (at a par value of CHF 1.00) were subscribed and paid in cash. This brought aventron a cash inflow of 55.2 million Swiss francs. The market capitalisation of aventron AG thus reaches approximately 515 million Swiss francs. Confidence in aventron’s positioning, development and strategy ensured the successful closing of the capital raising round.
With the eighth capital increase aventron was able to further expand its circle of investors. Crédit Mutuel Equity invested 30 million Swiss Francs and acquired 5.8 percent of aventron AG. Long-term aventron shareholders from among Swiss institutional investors also participated in the capital increase.
The new shares are expected to be tradable for the first time on the 2nd of July via BEKB’s OTC-X. aventron belongs to the Top 50 Index of the OTC-X. All new registered shares of aventron are fully entitled to dividends for the financial year 2020.Crédit Mutuel Equity (formerly CIC Capital) is the private equity subsidiary of Crédit Mutuel Alliance Fédérale and carries out minority and majority investments, but also provides venture capital. Crédit Mutuel Equity provides equity financing solutions at all stages of a companies’ development. Currently about 3.0 billion Euros of Crédit Mutuel Group’s own equity are invested in more than 350 businesses, building a powerful network of business leaders and entrepreneurs who share similar convictions and can benefit from one another’s experience. In addition to the home market of France, activities under the Crédit Mutuel Equity brand have also been expanded internationally.