Brief: Photon Energy NV Repays Project Financing Of Czech PV Portfolio
30/12/2021 16:49
Dec 30 (Reuters) - Photon Energy NV PENP.WA :
* REPAYS PROJECT FINANCING OF CZECH PV PORTFOLIO
* TRANSACTION REDUCES GROUP'S CONSOLIDATED FINANCIAL DEBT BY
EUR
11.46 MILLION
* TRANSACTION THEREFORE STRENGTHENS GROUP'S BALANCE SHEET
AND
EQUITY RATIO AT YEAR-END 2021
* INTEREST COSTS IN 2022 WILL BE REDUCED BY APPROXIMATELY
CZK 13
MILLION
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