GREAT SUCCESS FOR THE FIRST KITEGEN VENTURE CAPITAL INCREASE
The completion of the capital increase has been officially formalized by a notarial deed on December 12th. The capital increase was approved by the Shareholders’ Meeting on July 22, 2014.
The operation was a success: the received investments far exceeded the initially declared 500 thousands euro. The capital collected will be used for the international business development and the construction of the first high-altitude wind power farm in Italy during 2015.
The company declares its complete satisfaction with the result achieved: this success represents a clear symptom that the industrial plan is convincing and encourages the team to proceed in this direction.