Brief: OX2 Sells Onshore Wind Farm In Italy

OX2 AB (publ)

01/06/2023 06:52

June 1 (Reuters) - OX2 AB (publ)  OX2SE.ST :
    * OX2 SELLS 27 MW ONSHORE WIND FARM IN ITALY
    * SIGNED A CONTRACT TO SELL A 27 MW ONSHORE WIND FARM IN
FOGGIA,
ITALY, TO GLENNMONT PARTNERS
    * TRANSACTION IS EXPECTED TO BE RECORDED IN Q3 OF 2024
    * OX2 WILL REMAIN OWNER OF PROJECT DURING CONSTRUCTION PHASE
AND
PROJECT WILL BE HANDED OVER TO BUYER AT START OF OPERATION
    * CONSTRUCTION IS ESTIMATED TO START IN AUGUST 2023 AND IS
SCHEDULED TO BE COMPLETED BY SEPTEMBER 2024

Source text for Eikon:  ID:nMFN8ySTPn 
Further company coverage:  OX2SE.ST 

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