December 22, 2009 (FinancialWire) — MEMC Electronic Materials, Inc. (NYSE: WFR), a provider of silicon wafers and solar energy services, has taken an ownership interest in Eversol Corp., a solar wafer manufacturer in Taiwan.

In connection with a contract amendment between MEMC and Gintech Energy dated September 22, 2009, MEMC purchased Gintech’s 8.36% interest in Eversol at Gintech’s original cost.

In a subsequent transaction, as part of a recent capital raise by Eversol, MEMC invested $5.0 million for an additional 5.1 million shares, bringing MEMC’s ownership stake in Eversol to approximately 10.6%.

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