Proposed acquisition of Electrawinds NV approved by ECT I shareholders
Luxembourg, September 28, 2012.
The extraordinary general meeting (‘EGM’) of shareholders of European CleanTech I SE was held today and approved all of the proposed resolutions, except those in relation to the proposed amendments to the articles of association and the renewal of the authorized capital of ECT. In particular, the EGM approved the proposed business combination with Electrawinds NV and the appointment of new members of the supervisory board of ECT with effect as of closing of the business combination. In view hereof, ECT is in a position to proceed with the proposed business combination with Electrawinds NV, subject to the other conditions that were agreed in connection with the transaction. The business combination is expected to close on October 5, 2012.