Brief: Scatec Says To Sell Wind Plant In Vietnam To Susi Asia Energy Transition Fund

Scatec ASA

13/09/2024 05:06

Sept 13 (Reuters) - Scatec ASA  SCATC.OL :
    * REG-SCATEC TO SELL WIND PLANT IN VIETNAM TO SUSI ASIA
ENERGY
TRANSITION FUND
    * SCATEC ASA - SCATEC WILL RECEIVE AN UPFRONT CONSIDERATION
OF USD
27 MILLION FOR ITS 100% EQUITY STAKE AT COMPLETION
    * SCATEC ASA - POTENTIAL FOR ADDITIONAL EARN-OUT PAYMENTS OF
UP TO
USD 13 MILLION THAT ARE SUBJECT TO CERTAIN CONDITIONS BEING
FULFILLED PRIOR TO MAY 2026

Source text for Eikon:  ID:nGNE8sLfR0 
Further company coverage:  SCATC.OL 

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