Edisun Power Europe Surges 32% in Zurich After Japan's Nuclear Disaster

Edisun Power Europe AG (ESUN), a Zurich- based solar power producer, climbed as much as 32 percent to 66 francs today, its highest since October, following Japan’s nuclear-reactor accident.

The company is among the solar project developers in Europe that are expected to benefit in response to the nuclear situation in Japan. Edisun, with a market value of almost 23 million francs ($25 million), said as of mid-2010 that it operated 70 solar power facilities with a total capacity of 8.7 megawatts in Switzerland, Germany, Spain and France.

Edisun, which develops, finances and operates solar power plants through much of Europe, has risen 16 percent this year.

To contact the reporter on this story: Randall Hackley in Zurich at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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