Brief: Photon Energy To Sell Slovak PV Portfolio For EUR 5.6 Million Enterprise Value
BRIEF-Photon Energy To Sell Slovak PV Portfolio For EUR 5.6 Million Enterprise Value Sept 28 (Reuters) - Photon Energy PENP.WA:
SAID ON FRIDAY THAT IT HAD ENTERED INTO AN AGREEMENT TO SELL PORTFOLIO OF EIGHT SLOVAK PV POWER PLANTS WITH TOTAL CAPACITY OF 7.581 MWP
PORTFOLIO TRANSACTION IS STRUCTURED AS SALE OF SHARES IN SPV COMPANIES AT AN ENTERPRISE VALUATION OF EUR 5.6 MLN
PORTFOLIO SOLD TO FOUR PRIVATE INDIVIDUALS WHO ARE STRATEGIC INVESTORS IN PV ASSETS IN SLOVAKIA
EXPECTS TO REDUCE CONSOLIDATED FINANCIAL DEBT BY ABOUT EUR 4.1 MLN UPON COMPLETION
PORTFOLIO GENERATED REVENUES OF ABOUT EUR 2.1 MLN AND EBITDA OF ABOUT EUR 1.65 MLN IN 2025
Source text for Workspace: nEMbbbCJQa
Further company coverage: PENP.WA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Photon Energy NV
See all newsBrief: Photon Energy NV Says Stanislav Zeman Re-Assumes CFO Role
Brief: Photon Energy NV Appoints Andrej Horansky As CFO
Brief: Photon Energy To Sell Slovak PV Portfolio For EUR 5.6 Million Enterprise Value
Brief: Photon Energy Terminates Holders’ Vote For EUR 78.77 Million 6.50% Green Bonds 2021/2027
Brief: Photon Energy Q2 Net Loss At EUR 0.4 Mln