Brief: ERG invests $270 mln to create JV with Apex Clean Energy, Enters U.S. Renewable Energy Market

ERG

21/12/2023 06:41

Dec 21 (Reuters) - ERG SpA  ERG.MI :
    * TO ENTER INTO U.S. RENEWABLE ENERGY MARKET
    * SIGNS PARTNERSHIP WITH APEX CLEAN ENERGY
    * PARTNERSHIP INCLUDES PURCHASE OF PORTFOLIO WITH 317 MW OF WIND, SOLAR
PLANTS
    * TO HAVE 75% STAKE IN NEW CREATED COMPANY, APEX CLEAN ENERGY TO HAVE
REMAINING
25%
    * TO PAY $270 MILLION TO BUY 75% STAKE IN NEW COMPANY


Further company coverage:  ERG.MI 

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