Brief: Esenboga Elektrik Signs Contract With Ozyer Group For Acquisition Of 11 Solar Power Plants

Esenboga Elektrik Uretim AS

08/12/2020 06:20

Dec 8 (Reuters) - ESENBOGA ELEKTRIK URETIM  ESEN.IS :
    * SAID ON MONDAY HAS SIGNED CONTRACT WITH OZYER GROUP FOR
ACQUISITION OF 11 SOLAR POWER PLANTS IN LINE WITH THE GOAL OF
INCREASING ITS INVESTMENTS IN THE FIELD OF SOLAR ENERGY AND ITS
PUBLIC OFFERING COMMITMENTS
    * BASED ON THE SALES PRICE, $100,000 OF ADVANCE PAYMENT HAS
BEEN
MADE TO OZYER GROUP
    * SOLAR POWER PLANTS SUBJECT TO ACQUISITON ARE OPERATIONAL
AND
LOCATED IN AFYON PROVINCE AND THEIR TOTAL INSTALLED POWER
CAPACITY IS 12.275 KWP
    * THE ELECTRICITY GENERATED IN THESE POWER PLANTS WILL BE
PURCHASED FOR 10 YEARS FROM THE DATE OF PROVISIONAL ACCEPTANCE
DATE AT A PRICE OF 13.3 USDCENT/KWH
    * APPROXIMATELY 20 MILLION KWH OF SOLAR ENERGY GENERATION,
$2.7
MILLION OF SALES REVENUE AND $2.5 MILLION OF NET INCOME ARE
EXPECTED IN 2021 FROM THESE PLANTS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA7jM2HC
    
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