Brief: Altri Says Unit Greenvolt Presents Binding Offer To Buy TGPH

Altri, SGPS

20/05/2021 06:39

May 20 (Reuters) - Altri SGPS SA  ALSS.LS :
    * SAID ON WEDNESDAY ITS WHOLLY-OWNED SUBSIDIARY GREENVOLT –
ENERGIAS RENOVAVEIS SA PRESENTED, JOINTLY WITH INSTITUTIONAL
INVESTOR, BINDING OFFER TO BUY TILBURY GREEN POWER HOLDINGS
LIMITED
    * SAYS TGPH OWNS FULLY OPERATIONAL RENEWABLE ENERGY BIOMASS
POWER
PLANT IN ENGLAND, WITH INSTALLED CAPACITY OF 42MW
    * SAYS PRESENTED OFFER HAS BEEN CONSIDERED PREFERENTIAL BID
AND
NEGOTIATION PROCESS HAS STARTED WITH AIM OF COMPLETING
ACQUISITION

    
 Source text: https://bit.ly/3f49ubg
    
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