Brief: Alfa Solar Enerji Says It Signs Agreement To Acquire Aydost Enerji Uretimi Shares For EUR 13.2 Mln

Alfa Solar Enerji Sanayi ve Ticaret

11/02/2025 05:17

Feb 11 (Reuters) - ALFA SOLAR ENERJİ SANAYİ VE TİCARET
 ALFAS.IS 
    * SAID ON MONDAY REACHES AGREEMENT FOR ACQUISITION OF SHARES
IN
AYDOST ENERJI ÜRETIMI, WHOSE PRIMARY BUSINESS ACTIVITY IS THE
GENERATION AND SALE OF ELECTRICITY FROM SOLAR ENERGY 
    * SIGNS SHARE TRANSFER AGREEMENT FOR A TOTAL CONSIDERATION
OF 13.2
MILLION EUROS WITH SHARES BEING ACQUIRED FROM SOLE CONTROLLING
SHAREHOLDER, LEVENT BUKUM
    * AYDOST ENERJI ÜRETIMI, WHOSE SOLAR POWER PLANTS ARE
LOCATED IN
THE ANTALYA PROVINCE, OWNS 11 SOLAR POWER PLANTS WITH A TOTAL
INSTALLED CAPACITY OF 13,127.40 KWP
    * COMPLETION OF ACQUISITION IS SUBJECT TO THE APPROVAL OF
COMPETITION AUTHORITY
    * AN APPLICATION FOR APPROVAL WILL BE SUBMITTED TO
COMPETITION
AUTHORITY AS SOON AS POSSIBLE, AND SHARE TRANSFERS WILL BE
EXECUTED FOLLOWING THE AUTHORITY'S APPROVAL
    * IN THE EVENT THAT COMPETITION AUTHORITY DOES NOT GRANT
APPROVAL,
SHARE TRANSFER AGREEMENT WILL BE ANNULLED
    * ACQUISITION PROCESS WILL BE FINALIZED UPON OBTAINING
APPROVAL
FROM COMPETITION BOARD

        
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