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REC Solar ASA
Karenslyst alle 51, Skoeyen
OSLO, 0279  Norway Ticker: RCLRFRCLRF
This company was Merged or Acquired on 10/11/2021.
On 5/13/2015, the Company's shareholders completed the sale of Rec Solar ASA to Bluestar Elkem Investment Co. Ltd. through a sale of the newly established holding company REC Solar Holdings S.a.r.l.
On 5/31/2015, the liquidation board of directors of REC Solar ASA (in liquidation) (the "Company") prepared a balance sheet for liquidation purposes in accordance with section 6-16 of the Norwegian Public Limited Liability Companies Act. The result of such liquidation will be that the net proceeds (being the purchase price for the business plus existing cash held in REC Solar ASA less transaction costs and costs arising in REC Solar's ordinary course of business until the date of the liquidation) will be distributed to the Company's shareholders. Shareholders are expected to receive a cash payment of approximately NOK 107 per share on or around August 2015.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company
Business Summary
REC Solar ASA (REC) is a Norway-based company that provides solar energy solutions. The Company is engaged primarily in development and production of solar panels. Its offering includes both components and ready-made products: polysilicon, multicrystalline wafers, cells and complete solar panels. REC Solar manages all stages of implementing photovoltaic (PV) project for its customers: project development, financing, construction and maintenance. It develops and uses its own Fluidized Bed Reactor (FBR) technology, which allows producing solar grade polysilicon at lower costs. The Company is mainly focused on American market and owns a production plant at Moses Lake, Washington. REC Solar operates on both residential and industrial market. Its business is owned by Bluestar Elkem Investment Co Ltd as a result of disposal in May 2015.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
---Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/201512/31/2014Yes----

Industries
SIC Code Description
3674 Semiconductors and related devices
1731 Electrical work
1541 General contractors-industrial buildings and warehouses

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board OleEnger 67 7/17/2013 7/17/2013
Chief Executive Officer SteveO'Neil 3/25/2015 3/25/2015
Chief Financial Officer MartinCooper 49 3/25/2015 7/1/2013
10 additional Officers and Directors records available in full report.

Business Names
Business Name
RCLRF
REC Americas LLC
REC Modules Pte Ltd.
11 additional Business Names available in full report.

General Information
Stock Exchange: OSL


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Friday, July 21, 2023