Brief: Onde Sells Two Units For About 19 Mln Zlotys

Onde SA

15/03/2024 11:11

March 15 (Reuters) - Onde SA  ONDP.WA :
    * SIGNS DEAL WITH PV BARLINEK TO SELL 100% STAKE IN UNITS
SPV
CZERWONA WODA AND INVEST PV
    * UNDER DEAL COMPANY TO SELL STAKE IN UNITS FOR TOTAL PRICE
OF
ABOUT 19 MILLION ZLOTYS
    * COMPANY TO BE ELIGIBLE FOR ADDITIONAL REMUNERATION OF MAX.
ABOUT
5 MILLION ZLOTYS
    * UNITS ARE PROPRIETORS OF THREE PV FARM PROJECTS OF TOTAL
INSTALLED POWER OF 23.1 MW
    * ADDITIONAL REMUNERATION SUBJECT TO OBTAINING ELECTRIC
ENERGY
PRODUCTION LICENCE, READY-TO-BUILD STATUS FOR PROJECTS
    * UNDER DEAL COMPANY TO ENTER AGREEMENT FOR CONDUCTING
CONSTRUCTION AND ELECTROENERGY WORKS FOR ONE OF PROJECTS
    * ENTRANCE INTO AGREEMENT SUBJECT TO OBTAINING
READY-TO-BUILD
STATUS WITHIN 12 MONTHS FROM CONCLUSION OF DEAL
    * COMPANY TO GET ABOUT 15 MILLION ZLOTY REMUNERATION FROM
POTENTIAL AGREEMENT FOR WORKS ON PROJECT

Source text for Eikon:  ID:nEM6RFjwFa 
Further company coverage:  ONDP.WA 

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