Emeren Group rises on Maine solar project sale to Altus Power

Emeren

20/12/2024 12:00

** Shares of renewable energy firm Emeren Group  SOL.N  up
3.9% at $1.86 in premarket trading
    ** Company announces the sale of its 2.8 Megawatt direct
current (MWdc) solar project located in Maine to Altus Power
 AMPS.N , without disclosing the transaction value
    ** Says the project is the final asset to be sold from
Emeren's Maine pipeline
    ** Up to last close, shares down 34.4% YTD

 (Reporting by Tanay Dhumal in Bengaluru)
 ((Tanay.Dhumal@thomsonreuters.com; 
Twitter: https://twitter.com/TanayDhumal))