Bulgaria’s Alpha Finance boosts stake in Solarpro to 93%

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Bulgarian provider of products and services for the solar industry Solarpro Holding said on Friday that two subsidiaries of local industrial and financial group Alfa Finance Holding bought earlier this week a total of 13.5 million Solarpro shares, equivalent to a 28.96% stake in the company.

As a result, the stake, which Alfa Finance holds directly and indirectly in Solarpro, rose to 93.05%, Solarpro said in a bourse filing.

Brokerage house Bulbrokers Consulting acquired 6.2 million Solarpro shares, equal to a 13.3% stake in the company, on October 16.

Renalfa bought a total of 7.3 million Solarpro shares, or a 15.6% stake, in two separate transactions on October 16 and October 18.

Source: renewablesnow

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