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Asset manager buys solar panel recycler

Smallcap Danmark A/S buys Ennogie, whose business includes installation of recycled solar panels.

Photo: Ennogie

Danish asset manager Smallcap Danmark A/S is ready to close a stake purchase in cleantech company Ennogie after the former's general assembly approved the deal on Friday, Smallcap Danmark informs in a statement.

Back in June, the asset manager announced signing a letter of intent to buy Ennogie's equity, with the transaction expected to close during the second half of 2021.

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