THE Murcia based manufacturer of solar-panel parts Soltec Power Holdings SA was welcomed by investors when it launched on the Madrid Stock Market with its initial flotation being oversubscribed and seeing an immediate jump in value.
Based on share price, the company is valued €440 million and with Spain ready to use part of its European Union financial support to increase green energy production.
Analysts not only see this as an opportunity for Soltec but welcomed some good news after many shares have fallen or been delisted.
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