Orrick Hölters & Elsing has advised Murphy&Spitz Green Capital AG on the listing of its shares in the unregulated market of the Düsseldorf stock exchange. The listing started on January 25, 2010.
For Murphy&Spitz Green Capital AG the listing brings greater financial flexibility and easier transactions, while at the same time the company is subject to increased transparency in financial reporting.and compliance with the investor protection rules of the Düsseldorf stock exchange.
CEO Andrew Murphy described the listing as "the first step on the way to the organized capital markets" and announced a new and soon investment in the solar industry sector.
Murphy&Spitz Green Capital AG is a private equity company focused on renewable energies and renewable raw materials. Murphy&Spitz also manages the investment funds M&S Umweltfonds Deutschland and M&S Umweltfonds Welt.
Orrick's Düsseldorf lead partner Prof. Dr. Olaf Müller-Michaels commented: "The renewable energy sector is of increasing importance for Orrick, all the more we are happy, that we were able to show Murphy&Spitz Green Capital AG an easy way to access the capital market with the listing at the Düsseldorf stock exchange."