Info
Info
News Article

Asyst Technologies Has Agreed A Deal With A US Commercial Bank Giving It A

Asyst Technologies has agreed a deal with a US commercial bank giving it a $25mn credit facility. This will be combined with current balances of cash and short-term investments and $20mn the company anticipates receiving for certain inventory as a result of an outsourcing agreement. In total, the company will have $120mn available in cash and short-term investments. The company consumed $2mn in its Q1 ended June 2002 and $5mn in Q2. The company anticipates its cash consumption will be at most $5-$10mn per quarter going forward.
Asyst Technologies has agreed a deal with a US commercial bank giving it a
$25mn credit facility. This will be combined with current balances of cash
and short-term investments and $20mn the company anticipates receiving for
certain inventory as a result of an outsourcing agreement. In total, the
company will have $120mn available in cash and short-term investments. The
company consumed $2mn in its Q1 ended June 2002 and $5mn in Q2. The company
anticipates its cash consumption will be at most $5-$10mn per quarter going
forward.
FIMER Powers UK Largest Rooftop Solar Project
Sunstore Solar Launches WattGrid, A New Range Of Turnkey Off-grid Power Systems
The Smarter E South America Postponed To October 18-20, 2021
Solar Power As Rental Offer Launched By Aggreko
Sharp Launches New 440W Half-cut Cell PV Panel
TLT Advises Santander On 30MW Flagship Battery Storage Project
Power Roll Trials Solar PV To Power Up Himalayan Villages
Greencoat Renewables Announces First Transaction In Nordic Market
Analysis Of UK Commercial Roof Space Shows Solar PV Film Can Achieve Net Zero Without Greenfield Sites
Ingenious Invests In Electric Vehicle Charging Firm
Habitat Enerdy Enters Balancing Mechanism With Largest Battery
Everoze Creates Skyray To Design And Engineer Great Solar PV Projects
SOLARWATT Links With Easy Roof To Provide Building-integrated PV For Better-looking Buildings And Smart EV Charging
Going Green In Lancashire – Hundreds Of Houses Installed With Solar Panels In Ground-breaking Project
Oakapple Renewable Energy Appoint Stuart Gentry To Head Business Development
New Innovation Set To Change Renewable Energy Market
UK'S Largest Battery Ready To Balance The Grid
FRV And Harmony Energy To Develop Second UK Utility Scale Battery Project
NextEnergy Capital Acquires Its First Asset In Portugal 17.4MWp Solar PV Project
TLT Advises Innova Energy On £30m Refinancing Of 57 MW Solar Portfolio
Low Carbon Develop UK’s Largest Community-owned Solar Park
Tandem PV Devices Feel The Heat
UK Green Tech Company Myenergi To Double Workforce By 2021
Sonnedix Named ESG Global Solar Power Generation Sector Leader By GRESB
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Smart Solar Magazine, the Smart Solar Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array
Live Event