Brief: Public Power Corp Signs Agreement To Acquire Evryo Group's 629 MW RES Romanian Portfolio

Public Power SA

06/08/2024 16:03

Aug 6 (Reuters) - Public Power Corporation SA  DEHr.AT :
    * SIGNS AGREEMENT TO ACQUIRE EVRYO GROUP'S 629 MW RES
ROMANIAN
PORTFOLIO
    * THE AGREEMENT HAS A TOTAL ENTERPRISE VALUE OF C. EUR 700
MILLION
    * UPON COMPLETION OF THE TRANSACTION PPC GROUP WILL ADD AN
ESTIMATED EBITDA OF EUR 100 MILLION ON AN ANNUAL BASIS
    * CLOSING OF THE ACQUISITION IS EXPECTED TO OCCUR BY Q4 2024


Further company coverage:  DEHr.AT 

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