Brief: Aker Horizons Unit Sells African Renewable Energy IPP

Aker Horizons ASA

18/07/2022 07:54

July 18 (Reuters) - Aker Horizons ASA  AKH.OL :
    * MAINSTREAM RENEWABLE POWER SIGNS AGREEMENT FOR THE SALE OF
AFRICAN RENEWABLE ENERGY IPP
    * EXIT REFLECTS SUCCESSFUL CULMINATION OF MAINSTREAM AND
ACTIS'
PARTNERSHIP STRATEGY FOR LEKELA
    * TRANSACTION IS EXPECTED TO GENERATE NET PROCEEDS TO
MAINSTREAM
OF APPROXIMATELY USD 90 MILLION
    * CLOSING OF TRANSACTION IS EXPECTED TO OCCUR LATER IN YEAR

Source text for Eikon:  ID:nWkr35jH6k 
Further company coverage:  AKH.OL 

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