Brief: Aker Horizons Gets EUR 575 Mln Investment in Unit From Mitsui

Aker Horizons ASA

24/03/2022 06:54

March 24 (Reuters) - Aker Horizons ASA  AKH.OL :
    * MITSUI JOINS AKER HORIZONS AS LONG-TERM STRATEGIC INVESTOR
IN
MAINSTREAM RENEWABLE POWER TO ACCELERATE GROWTH
    * MITSUI & CO., LTD. INVESTS EUR 575 MILLION IN MAINSTREAM
RENEWABLE POWER TO ACCELERATE GROWTH OF MAINSTREAM'S RENEWABLE
ENERGY PORTFOLIO GLOBALLY, INCLUDING ACROSS AMERICAS, AFRICA,
ASIA-PACIFIC AND EUROPE
    * MAINSTREAM WILL ISSUE NEW COMMON SHARES, GIVING MITSUI A
27.5
PERCENT OWNERSHIP INTEREST
    * THIS TRANSACTION VALUES MAINSTREAM AT APPROXIMATELY EUR
2.1
BILLION ON A 100 PERCENT BASIS

Source text for Eikon:  ID:nWkrbX2bYl 
Further company coverage:  AKH.OL 

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