Brief: Aega To Acquire Two Solar Parks In Italy

Nordic Financials ASA

03/12/2020 07:07

Dec 3 (Reuters) - Aega ASA  AEGA.OL :
    * PRELIMINARY SHARE PURCHASE AGREEMENT SIGNED FOR TWO SOLAR
PARKS
    * SIGNED A MUTUALLY BINDING OFFER TO ACQUIRE TWO SOLAR PARKS
IN
ITALY WITH A TOTAL CAPACITY OF 2 MWP (1+1 MWP)
    * AEGA HAS THROUGH A WHOLLY OWNED SUBSIDIARY (NORITA INVEST
S.R.L.) ENTERED A PRELIMINARY SHARE PURCHASE AGREEMENT WITH 3T
S.R.L. TO BUY TWO 1 MWP SOLAR PARKS IN SARDINIA, ITALY
    * AEGA ESTIMATES THAT FINAL SIGNING OF TRANSACTION WILL TAKE
PLACE
ON OR AROUND DECEMBER 18, 2020.
    * AEGA HAS SIGNED A CONTRACT TO ACQUIRE ALL SHARES IN S.T.A.
S.R.L. AND RIO VERDE S.R.L., EACH OF WHICH OWNS A 1 MWP SOLAR
PLANT IN SARDINIA, ITALY.
    * AEGA'S FUNDING OF PURCHASES WILL BE THROUGH EXISTING CASH
    * EUR 1,045,000 IS TO BE PAID FOR SHARE CAPITAL AT CUT-OFF
DATE
    * . OUTSTANDING SENIOR DEBT AT SAME DATE IS EQUAL TO EUR
2,484,860.

Source text for Eikon:  ID:nObijw3YKa 
Further company coverage:  AEGA.OL 

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