OK, so I am going to assume that you’ve all read about the deal with Ibersolar, Spain’s #4 solar energy company, whereby ICP Solar takes it over in what should is a carefully calculated risk to enable ICP Solar to become a world player in solar energy and Ibersolar access to capital through our public entity, together with technologies (IP) that we own.
This is a deal which is dependant on funding, so I must caution with that note. However, when you look at the fundamentals, it is a huge potential gain for ICP and Ibersolar together. We have like-minded management and both deal with the same vendors. The combined purchasing power, sinergies in marketing and ability to now offer complete home kits will surge ICP far beyond where it could go on its own.
For Ibersolar, the opportunity to gain our marketing power, innovative technologies and North American presence all present just some of the benefits to them.
I never promised you a boring ride…
Sass