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DayStar Announces 64 Million Dollar Public Offering

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by Staff Writers
 Halfmoon NY (SPX) Oct 29, 2007
 DayStar Technologies announced today the pricing of an underwritten public offering of 15,000,000 shares of common stock, all of which are being sold by the company at $4.25 per share before underwriting discounts and commissions. DayStar has granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares to cover any over-allotments.

DayStar plans to use the net proceeds from the offering for the repayment in full of $9.2 million of existing indebtedness for borrowed funds and to engineer to-scale and manufacture the company's proprietary deposition tool. The company intends to use the remaining net proceeds from the offering for the construction of a 25MW manufacturing line, working capital and other general corporate purposes.

ThinkEquity Partners LLC acted as bookrunning lead manager for the offering with Broadpoint Capital, Inc. acting as co-manager.

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SOLAR DAILY
Prudential Santa Fe Lists Sustainable Village Featuring Solar Thermal Systems
 Santa Fe NM (SPX) Oct 29, 2007
 A new sustainable village is under construction in Santa Fe, New Mexico. Oshara Village not only reduces the creation of greenhouse gasses, but is designed to prosper in a world of climate change. Alan Hoffman, an associate broker with Prudential Santa Fe is the listing agent and developer of Oshara Village, just north of the Santa Fe Community College. Designed to be less vulnerable to wild fires and surging energy prices, Oshara is less susceptible to drought in that it has its own water reclamation plant and dramatically reduces residents' dependence on the energy grid as energy markets become more unstable.






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