Brief: Alternus Energy Group Says Affiliate Solis Sells 10Mw Italian Operating Projects

Alternus Energy

28/12/2023 22:05

Dec 28 (Reuters) - Alternus Energy Group PLC  ALTA.OL :
    * ALTERNUS ENERGY GROUP PLC - AFFILIATE SELLS 10MW ITALIAN
OPERATING PROJECTS
    * ALTERNUS ENERGY GROUP PLC- GROSS TRANSACTION VALUE AMOUNTS
TO
APPROXIMATELY EUR 17.7 MILLION, BEFORE ADJUSTMENTS FOR WORKING
CAPITAL AND TRANSACTION COSTS
    * ALTERNUS ENERGY GROUP- CO EXPECTS TO RETAIN OWNERSHIP OF
APPROXIMATELY 210 MW OF LATE-STAGE DEVELOPMENT PROJECTS IN ITALY
    * ALTERNUS ENERGY -SOLIS, AN INDIRECT, WHOLLY OWNED
SUBSIDIARY HAS
COMPLETED SALE OF 100% OF QUOTAS IN 11 PROJECT COMPANIES, TO
UNDO S.R.L.
    * ALTERNUS ENERGY GROUP PLC SAYS NET PROCEEDS WILL BE USED
TO PAY
DOWN SOLIS BOND

Source text for Eikon:  ID:nObifhj5Ta 
Further company coverage:  ALTA.OL 

 ((Reuters.Briefs@thomsonreuters.com;))