Global Solar Installations Leader CBD Energy Validates Goldman Estimates
CBD ENERGY LTD ORDINARY SH (CBDE)
Company Research
Source: Business Wire
SYDNEY & NEW YORK--(BUSINESS WIRE)-- CBD Energy Limited (NASDAQ: CBDE) validates the assertions of Goldman Sachs’ analyst Brian Lee that the U.S. residential solar sector will see dramatic growth over the next two years, as reported in the financial press on June 17. CBD Energy Limited is a diversified clean energy company and leading provider of residential and commercial/utility-scale solar installations worldwide. “During the several weeks leading up to our recent equity offering and uplisting to NASDAQ on June 13, 2014, our management team has been intensively meeting with institutional investors and thought leaders in the solar industry. We found optimism about the prospects for residential solar adoption in the U.S. to be high and Mr. Lee’s estimates for the growth in U.S. solar installations consistent with the views other industry followers shared with us,” said CBD Managing Director Gerry McGowa
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