LG Mobile 2009

Solar energy
<strong>Exit:</strong> $7.7 billion valuation of at time of IPO
<strong>Date:</strong> May, 2006
Key Investors: Orkla, Hafslund Venture, Good Energies Investments

REC is one of the most integrated players in the solar energy business. Its REC Silicon and REC Wafer units are the world's largest producers, respectively, of polysilicon and silicon wafers for solar applications, while REC Solar produces solar cells and solar modules. If there was any doubt about just how hot the solar market is today, REC's valuation eliminates it: Since going public the company's market cap has jumped from $7.7 billion to $13 billion.

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Solar energy Exit: $7.7 billion valuation of at time of IPO Date: May, 2006 Key Investors: Orkla, Hafslund Venture, Good Energies Investments REC is one of the most integrated players in the solar energy business. Its REC Silicon and REC Wafer units are the world's largest producers, respectively, of polysilicon and silicon wafers for solar applications, while REC Solar produces solar cells and solar modules. If there was any doubt about just how hot the solar market is today, REC's valuation eliminates it: Since going public the company's market cap has jumped from $7.7 billion to $13 billion.

rec wafers