S.A.G. Solarstrom orders investor process, eyes continued operations

By Caroline Salls

Pittsburgh, Feb. 13 - S.A.G. Solarstrom AG instructed Roland Berger Strategy Consultants to organize and support an investor process in connection with a commitment on a national and international basis to address strategic investors whose commitment would enable the continued operation of the company with its present structure, according to a news release.

Solarstrom said the order was placed in agreement with its temporary trustee and a temporary creditor committee.

Solarstrom is a Freiburg, Germany-based company that constructs and operates solar power plants and installations.

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