Centrosolar said it soldthe glass unit for a symbolic price plus a share in future profits. Thetransaction has reduced Centrosolar’s debt by about €14m ($18.3m).
The company said thesale is part of its strategy to focus on its key business of rooftop PVinstallations.
Centrosolar in Februaryunveiled a restructuring programme that already had foreseen thediscontinuation of its glass operations, which contributed 17% of its €227mrevenues last year.
