Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e4d2e2d3-1088-4c6b-a681-7b0dff7b0272&Preview=1
Date 12/21/2011
Company Name Stion
Mailing Address 6321 San Ignacio Avenue San Jose, CA 95119
Company Description Stion Corporation (formerly NStructures) is a solar photovoltaics company developing high-efficiency thin-film modules. The Company is aiming to minimize the total installed system costs of solar electricity.
Proceeds Purposes Stion is continuing the planned expansion of its US manufacturing facility in Hattiesburg, MS. Stion will establish a subsidiary in Korea (“Stion Korea”) to build a thin-film module factory to help serve the Asian and European markets. Stion will make a $35M initial investment into Stion Korea.