GGF2 invest in Nexwafe producing monocrystaline silicon wafers at unprecedented price

Leading European impact investor, Wermuth Asset Management, has deployed the first of a multi-tranche investment of its Green Growth Fund 2 (GGF2), into NexWafe GmbH, a technology leader for the production of low-cost, high-quality silicon wafers. Co-investors in the deal are Saudi Aramco Energy Ventures (the venture arm of the world’s second largest oil company Saudi Aramco) and Lynwood AG (a Swiss-based investment firm).