29.06.05

29.6.2005: Meldung: Evergreen Solar, Inc.: Additional $15 Million of 4.375% Convertible Subordinated Notes due 2012

Evergreen Solar, Inc. (ticker: ESLR, exchange: NASDAQ Stock Exchange (.O)) News Release - 6/28/2005
Evergreen Solar to Sell an Additional $15 Million of 4.375% Convertible Subordinated Notes due 2012

MARLBORO, Mass., Jun 28, 2005 -- Evergreen Solar, Inc. (Nasdaq: ESLR) today announced that the initial purchasers of its recent offering of $75 million aggregate principal amount of 4.375% convertible subordinated notes due 2012 have exercised in full their option to purchase an additional $15 million aggregate principal amount of such notes. The initial purchasers" exercise of their option brings the total offering size to $90 million.

Evergreen Solar intends to use the net proceeds from this offering for general corporate purposes, including capital expenditures, research and development and potential investments in and acquisitions of complementary businesses, partnerships, minority investments, products or technologies, to fund further enhancements of its operating infrastructure and manufacturing capacity increases and for working capital.


SOURCE: Evergreen Solar, Inc.

Contacts:
Evergreen Solar, Inc.
Richard G. Chleboski, 508-357-2221 x708
Chief Financial Officer
investors@evergreensolar.com
or
Sharon Merrill Associates, Inc.
Investors/Media:
Jim Buckley, 617-542-5300
Executive Vice President
eslr@investorrelations.com
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