Capricorn Cleantech Fund and LRM commit € 20 million to solar glass start-up

Leuven, Belgium: 17 December 2010 - Capricorn Cleantech Fund and LRM announced today that they are planning to invest € 20 million in Ducatt NV, a Belgian based solarglass start-up. The banning of the incandescent light bulbs from the European
market in 2012 obliges Emgo NV, the leading European producer of light bulbs to take the necessary measures and to focus on new growth markets. With the support of the Capricorn Cleantech Fund (CCF) and the investment company for Limburg, LRM, two members of the Emgo management team have taken the initiative to launch a novel solar glass start-up and plans to offer jobs to 100 Emgo employees.

Light bulb factory to be turned into innovative "solar-glass"-production.

More info on the press release.