Waselius advised Winance as the lender in a Finnish law governed convertible note facility to a Finnish listed company, Valoe Corporation (Nasdaq: VALOE). Valoe Corporation is a Finnish technology company specialising in clean energy, especially photovoltaic solutions.
Valoe intends to use the funding to support its strategy by investing in an IBC cell plant in Lithuania as well as to support Valoe’s domestic working capital needs and its module plant investment in Finland.