Brief: Galata Wind Enerji Says Its Subsidiary Executes A Share Purchase Agreement With Sellers For Acquisition Of Shares In Two Italy-Based Entities

Galata Wind Enerji

09/04/2025 07:20

April 9 (Reuters) - Galata Wind Enerji Anonim Sirket GWIND.IS:

GALATA WIND ENERJI - SUBSIDIARY EXECUTES A SHARE PURCHASE AGREEMENT  WITH SELLERS FOR ACQUISITION OF SHARES IN TWO ITALY-BASED ENTITIES

GALATA WIND ENERJI - THESE ENTITIES ARE MONTESCAGLIOSO 1 S.R.L. (PALMORI PROJECT) AND FERRANDINA 14 S.R.L. (TROIA PROJECT)

GALATA WIND ENERJI - COMPANY AIMS TO ACQUIRE SHARES OF THE SELLERS IN EXCHANGE FOR A PURCHASE PRICE SUBJECT TO CERTAIN ADJUSTMENTS

GALATA WIND ENERJI - COMPLETION OF TRANSACTION, INCLUDING TRANSFER OF SHARES AND CLOSING FORMALITIES, IS CONTINGENT UPON FULFILLMENT OF CONDITIONS PRECEDENT AND OTHER CLOSING REQUIREMENTS STIPULATED

GALATA WIND ENERJI - THIS PROJECT IS EXPECTED TO CONTRIBUTE SIGNIFICANTLY TO ACTIVATION OF 300 MW CAPACITY IN 2025–2027 INTERNATIONAL INVESTMENT VISION

Source text: ID:nIKA7cS1KM

Further company coverage: GWIND.IS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))