Brief: Cox Formalizes Acquisition Of Khi Solar One In South Africa

Cox Abg SA

02/12/2024 07:42

Dec 2 (Reuters) - Cox Abg Group SA  COXGA.MC :
    * FORMALIZES ACQUISITION OF KHI SOLAR ONE IN SOUTH AFRICA
    * TO MAINTAIN OPERATION AND MAINTENANCE SERVICES OF PLANT
UNTIL
END OF PPA IN 2036
    * FACILITY TO BE INCORPORATED INTO CO'S PERIMETER IN DEC
2024 AND
WILL REPRESENT ANNUALISED EBITDA OF 21-23 MILLION EUROS
    * DEAL TO BUY 51% OF THE KHI SOLAR ONE SOLAR THERMAL PLANT,
REMAINING 49% IS HELD BY LOCAL PARTNERS

Source text:  ID:nCNMc92H29 
Further company coverage:  COXGA.MC 

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