Brief: Esenboga Elektrik Completes Acquisition Of 39 Solar Power Plants At Eur 61 Mln

Esenboga Elektrik Uretim AS

31/05/2021 07:00

May 31 (Reuters) - ESENBOGA ELEKTRIK URETIM  ESEN.IS :
    * SAID ON FRIDAY COMPLETES ACQUISITION OF 39 SOLAR POWER
PLANTS
WITH TOTAL INSTALLED POWER CAPACITY OF 61.68 MWP IN PROVINCES OF
KONYA, ANTALYA, ANKARA, ESKISEHIR, ADANA AND MUGLA AT EUR 61
MILLION ($71.6 MILLION)  
    * HAS ACQUIRED SOLAR POWER PLANTS FROM KINESIS ENERJI
YATIRIMLARI
A.S. AND HASAN INALOGLU  
    * SAYS ALL DEBTS OF THE COMPANIES WILL BE DEDUCTED FROM THE
TOTAL
ACQUISITION PRICE
    * SAYS THESE SOLAR POWER PLANTS WILL SELL THEIR ELECTRICITY
FOR 10
YEARS FROM THE DATE OF PROVISIONAL ACCEPTANCE WITH THE PRICE OF
13.3 USD CENT/KWH UNDER THE GOVERNMENT PURCHASE GUARANTEE
    * SEES APPROXIMATE ELECTRICTY GENERATION OF 102.2 MILLION
KWH,
SALES REVENUE OF $13.6 MILLION AND NET INCOME OF $12.8 MILLION
FROM THESE POWER PLANTS BY THE END OF 2021

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA5TSCNZ
    
 Further company coverage:  ESEN.IS  
   


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