Brief: Edisun Power Acquires 23 Mw Photovoltaic Project In Portugal

Edisun Power Europe AG

08/07/2019 07:46

July 8 (Reuters) - Edisun Power Europe AG   ESUN.S :
    * SAID ON FRIDAY THAT THEY AQUIRED 23 MW PHOTOVOLTAIC
CONSTRUCTION
PROJECT IN PORTUGAL
    * THE PROJECT ALREADY IN POSSESSION OF PRODUCTION LICENSE,
CONSTRUCTION EXPECTED TO BEGIN IN FOURTH QUARTER OF 2019
    * THE PLANT EXPECTED TO BE COMMISSIONED IN COURSE OF 2020
    * PLANT TO BE BUILT ON AN AREA OF 54 HECTARES BY MEANS OF
UNIAXIAL
OF TRACKING MODULES, AROUND 46 MILLION KWH HOURS OF ELECTRICITY
ARE GENERATED ANNUALLY
    * PROJECT IS EXPECTED TO ACHIEVE A NET RESULT OF AROUND CHF
0.6
MLN ANNUALY
    * INVESTMENT TO BE FINANCED FROM EXISTING FUNDS, WITH A
PROJECT
FINANCING OF CHF 1.2 MILLION AS WELL AS A CAPITAL INCREASE BY
MEANS OF A CONTRIBUTION IN KIND

    
 Source text for Eikon: [https://bit.ly/2Jjvy1O]
    
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