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Germany1 Acquisition Limited (“ Germany1” Euronext: “GAL1 S”), the holding company of AEG Power Solutions, today announced the approval of the resolutions of the Shareholder meeting of April 9.

AEG Power Solutions, a global player in industrial power electronics, strengthens its position as a solutions provider for megawatt utility-scale photovoltaic (PV) power plants with the purchase of a majority stake in skytron energy. Founded in 1996, Berlin-based skytron provides leading-edge metering, monitoring and supervision solutions to companies in engineering, procurement and construction (EPCs), as well as to independent power producers (IPPs).

AEG Power Solutions (www.aegps.com), a global leader in end-to-end power supply systems and solutions, today announced its strategy for the North American market under its distinguished global brand. The company is introducing solar turnkey solutions and its power controllers systems as part of its energy efficiency solutions.