Picture of Alerion Clean Power logo

ARN — Alerion Clean Power News Story

0.000.00%
it flag iconLast trade - 00:00
UtilitiesAdventurousMid CapNeutral

Italy's Alerion sells wind farm to Estra for 134 mln euros

MILAN, Dec 5 (Reuters) - Italian green power producer Alerion ARN.MI said on Friday it had signed a deal to sell its stake in a 52-megawatt operating wind farm in the south of the country to utility Estra.

The price for the stake is about 134 million euros ($155.95 million), Alerion said.

Alerion confirmed its 2025 earnings before interest, taxes, depreciation and amortisation (EBITDA) guidance of around 200 million euros, following the transaction.

Rothschild advised Alerion on the deal and Mediobanca was the financial adviser for the parent company of Estra.

($1 = 0.8593 euros)

 (Reporting by Francesca Landini, editing by Gavin Jones)

 ((francesca.landini@thomsonreuters.com; +39 02 66129437; Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))

Recent news on Alerion Clean Power

See all news