Brief: Ence's Subsidiary Closes Sale Of Photovoltaic Plant In Andujar, Spain For 27.7 Mln Euros

ENCE Energia y Celulosa SA

28/03/2023 17:48

March 28 (Reuters) - Ence Energia y Celulosa SA
 ENC.MC :
    * ITS SUBSIDIARY MAGNON GREEN ENERGY HAS COMPLETED THE SALE
OF
PHOTOVOLTAIC PLANT THAT HAS STARTED ITS CONSTRUCTION IN THE TOWN
OF ANDUJAR (JAEN), WITH A CAPACITY OF 100 MW
    * OPERATION IS PART OF AGREEMENT SIGNED WITH NATURGY
RENOVABLES IN
DEC 2021 FOR PURCHASE AND SALE OF PHOTOVOLTAIC ASSETS LOCATED IN
JAEN, HUELVA, SEVILLE AND GRANADA FOR A TOTAL OF UP TO 62
MILLION EUROS
    * TRANSACTION RESULTED IN THE COLLECTION OF 27.7 MILLION
EUROS
    * SALE OF THE REMAINING PV ASSETS IS EXPECTED TO BE
COMPLETED
BETWEEN 2023 AND 2024

Source text for Eikon:  ID:nCNM959DdP 
Further company coverage:  ENC.MC 

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