Brief: Onde And Partner Sell Renewable Energy Projects To Orlen Unit For About 62 Mln Zlotys
BRIEF-Onde And Partner Sell Renewable Energy Projects To Orlen Unit For About 62 Mln Zlotys Aug 4 (Reuters) - Onde SA ONDP.WA:
ALONGSIDE NEO ENERGY GROUP SIGNS DEAL TO SELL 100% OF SHARES IN SOLAR KAZIMIERZ BISKUPI AND KWE TO ORLEN NEW POWER FOR ABOUT 62.1 MILLION ZLOTYS
ESTIMATES ITS 50% SHARE OF BASE TRANSACTION PRICE AT ABOUT 38.6 MILLION ZLOTYS
AS PART OF TRANSACTION SIGNED CONSTRUCTION CONTRACTS FOR BOTH FARMS WORTH A TOTAL OF 437.2 MILLION ZLOTYS NET, NOW IN FORCE
CONSTRUCTION CONTRACTS INCLUDE BOP AGREEMENT WITH KWE FOR WIND FARM AND EPC AGREEMENT WITH SOLAR KAZIMIERZ BISKUPI FOR SOLAR FARM
ALSO SIGNED TWO-YEAR MAINTENANCE CONTRACT FOR SOLAR AND WIND FARMS, EXCLUDING TURBINE MAINTENANCE, WORTH A TOTAL OF 5.6 MILLION ZLOTYS NET
Further company coverage: ONDP.WA
(Reporting by Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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