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RNWH Renew Holdings News Story

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Brief: Renew Holdings Says Unit Buys Electricity Distribution Engineering Services

May 19 (Reuters) - Renew Holdings PLC RNWH.L:

ACQUISITION OF EDES

EXCALON HOLDINGS BUYS ELECTRICITY DISTRIBUTION ENGINEERING SERVICES FOR UP TO £9.0M

INITIAL CASH CONSIDERATION £6.5M, UP TO £2.5M ADDITIONAL SUBJECT TO CONDITIONS

ACQUISITION EXPANDS RENEW'S ELECTRICITY ENGINEERING SERVICES CAPABILITY

ACQUISITION WILL BE IMMEDIATELY EARNINGS ENHANCING

 ((Reuters.Briefs@thomsonreuters.com;;))

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