Brief: Eolus To Sell Solar And Battery Storage Project In Arizona

Eolus AB (publ)

14/10/2022 23:38

Oct 14 (Reuters) - Eolus Vind Ab (Publ)  EOLUb.ST :
    * EOLUS TO SELL SOLAR AND BATTERY STORAGE PROJECT IN ARIZONA
    * HAS RECEIVED AN INITIAL PAYMENT OF USD 12 MILLION AND WILL
BE
PAID ADDITIONAL PURCHASE PRICE INSTALMENT PAYMENTS
    * AT THIS STAGE, TOTAL PURCHASE PRICE IS ESTIMATED TO BE
BETWEEN
USD 104 AND 190 MILLION AND WILL BE PAID THROUGHOUT 2023-2025

Source text for Eikon:  ID:nGNE1YKHDV 
Further company coverage:  EOLUb.ST 
 (Reporting by Rahat Sandhu)
 ((Rahat.Sandhu@thomsonreuters.com;))