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PEN — Photon Energy NV News Story

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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

- 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)

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