Brief: Famur Signs Investment Deal With TDJ On PV

Grenevia SA

26/05/2021 07:45

May 26 (Reuters) - Famur SA  FMF.WA :
    * SAID ON TUESDAY THAT IT HAS SIGNED INVESTMENT DEAL WITH
TDJ ON
PRINCIPLES OF COOPERATION IN THE AREA OF PHOTOVOLTAIC 
    * UNDER DEAL PARTIES AGREED TO ESTABLISH FAMUR SOLAR AND
CONTRIBUTE 70 MILLION ZLOTYS IN CASH IN PROPORTION 51% FAMUR AND
49% TDJ 
    * FAMUR WILL HAVE FULL CORPORATE POWER OVER FAMUR SOLAR
    * DEAL ASSUMES SALE OF OWNED PV PROJECTS AND PROJECTS
ACQUIRED IN
THE FUTURE BY TDJ AND FAMUR TO FUND MANAGING PV PROJECTS
PORTFOLIO
    * CONCLUDED DEAL WILL ALLOW FAMUR GROUP TO ACHIEVE MORE THAN
1 GW
OF PV PROJECTS CAPACITY, INCLUDING OVER 130 MW OF POWER FROM OWN
FARMS (WITH WON AUCTION IN 2019 AND 2020 BEING UNDER
CONSTRUCTION WITH PLANNED REALISATION TILL END OF 2021) AND OVER
840 MW OF POWER OF PROJECTS BEING UNDER DEVELOPMENT ON DIFFERENT
STAGES OF PREPARATION    

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM6hfTBBa
    
 Further company coverage:  FMF.WA  
   


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