Nordic Solar Energy A/S [NSE] increases its capital through share subscriptions on a regular basis. Share subscriptions are open to existing as well as new investors. New capital raised is invested in solar parks, and thereby increases NSE’s common portfolio and its diversification.
The investment process
NSE is a privately held company and shares are not traded on a stock exchange. Potential investors are suggested to contact NSE to arrange a meeting for a presentation of NSE. During a share subscription period, shares are subscribed through an investment agreement that may be requisitioned. In between subscription periods larger share subscriptions may be prepared separately.
NSE does not have any shareholder agreement and therefore there is no regulation of the sale and purchase of shares.
Investment of pension funds
Pension funds may be invested in NSE, if the investor’s pension fund is open for non-quoted investments. In Denmark non-quoted investments are mainly a question of pension fund size and ownership share, and the process is quite simple to arrange. Some of the funds in NSE come from privately owned pension funds.
The minimum investment in NSE exceeds EUR 50.000 which exempts NSE from prospectus related to capital increases. However the policy is that we for each share subscription prepare an investment description as well as a more detailed prospectus.
As of July 1st 2012 the minimum investments will increase to EUR 100.000 in order to follow the new EU limits.