Brief: CFE's DEME Sells 100% Interest In Merkur Offshore Wind Farm To APG And TRIG

Compagnie dentreprises CFE SA

10/12/2019 09:11

Dec 10 (Reuters) - AANNEMINGSMAATSCHAPPIJ CFE NV  CFEB.BR :
    * SALE OF 100% INTEREST IN MERKUR OFFSHORE WIND FARM TO APG
AND
TRIG
    * TRANSACTION IS EXPECTED TO CLOSE IN H1 2020
    * TRANSACTION COULD LEAD TO A POTENTIAL CAPITAL GAIN FOR
THEM OF
MORE THAN €50 MIO
    * PROJECT BENEFITS FROM A GUARANTEED FEED-IN-TARIFF UNTIL
2033 AND
HAS A 10-YEAR O&M AGREEMENT WITH GE RENEWABLE ENERGY
    * BOFA SECURITIES ACTED AS EXCLUSIVE FINANCIAL ADVISER TO
THE
SELLING CONSORTIUM

Source text for Eikon:  ID:nNDL1strW5 
Further company coverage:  CFEB.BR 

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