Brief: Ørsted Buys Ireland And UK Onshore Wind Power Platform From Brookfield Renewable

Brookfield Renewable

16/04/2021 07:46

April 16 (Reuters) - Orsted A/S  ORSTED.CO :
    * REG-ØRSTED ACQUIRES IRELAND AND UK ONSHORE WIND POWER
PLATFORM
FROM BROOKFIELD RENEWABLE
    * AGREEMENT IS BASED ON AN ENTERPRISE VALUATION OF BRI OF
EUR 571
MILLION AS OF 31 DECEMBER 2020
    * FINAL PRICE WILL BE SUBJECT TO CUSTOMARY ADJUSTMENTS.
    * TRANSACTION IS EXPECTED TO CLOSE BY Q2 2021.
    * HAS ENTERED INTO AN AGREEMENT WITH BROOKFIELD RENEWABLE, A
GLOBAL OWNER AND OPERATOR OF RENEWABLE POWER ASSETS, TO ACQUIRE
A 100 % EQUITY INTEREST IN ITS EXISTING IRELAND AND UK ONSHORE
WIND BUSINESS, BROOKFIELD RENEWABLE IRELAND (BRI)

Source text for Eikon:  ID:nGNEbdshkP 
Further company coverage:  ORSTED.CO 

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