Brief: Aega To Sell All Its Solar Power Plants To Mareccio Energia's Unit

Nordic Financials ASA

10/05/2019 07:25

May 10 (Reuters) - Aega ASA  AEGA.OL :
    * SAID ON THURSDAY AEGA TO SELL ALL ITS SOLAR POWER PLANTS
TO
ITALIA T1 RONCOLO S.R.L, A SUBSIDIARY OF MARECCIO ENERGIA
    * AGREEMENT INVOLVES A TAKEOVER BY MARECCIO OF ALL OF AEGA'S
ITALIAN SUBSIDIARY COMPANIES AND THEIR RESPECTIVE SOLAR POWER
PLANTS
    * PURCHASE PRICE IS EUR 22.6 MILLION ON AN ENTERPRISE VALUE
BASIS
    * IF TRANSACTION IS COMPLETED, AEGA WILL BOOK AN ACCOUNTING
GAIN
OF ABOUT EUR 2.5-3.0 MILLION

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObi86snpa
    
 Further company coverage:  AEGA.OL  
   


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