Brief: Public Power Corp Signs Partnership With Intrakat On RES Worth Of EUR 100 Million

Aktor Holding Technical And Energy Projects SA

01/03/2024 07:09

March 1 (Reuters) - Public Power Corporation SA
 DEHr.AT :
    * ANNOUNCES SALE PURCHASE AGREEMENTS WITH INTRAKAT FOR THE
JOINT
DEVELOPMENT OF A RENEWABLE ENERGY SOURCES (RES) PORTFOLIO
    * INTRAKAT TRANSFERRED TO PPC RENEWABLES 6 RES PROJECTS IN
OPERATION AND IN DEVELOPMENT, WITH TOTAL CAPACITY OF ABOUT 164
MW
    * PPC RENEWABLES ENTERED WITH A 49% STAKE IN HOLDING
COMPANIES OF
INTRAKAT GROUP, WHICH OWN A PORTFOLIO OF PROJECTS UNDER
DEVELOPMENT, WITH A TOTAL CAPACITY OF 1.6 GW
    * THE TRANSACTION CORRESPONDS TO AN ENTERPRISE VALUE OF EUR
100.0
MILLION FOR THE PERCENTAGE PARTICIPATION OF PPC RENEWABLES

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Further company coverage: [DEHr.AT, INCr.AT]

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