Brief: K.R.Energy Updates On Energy Solutions Assets Sale

Seri Industrial SpA

30/07/2018 07:16

July 30 (Reuters) - K.R.Energy SpA  KAIT.MI :
    * SAID ON FRIDAY THAT ITS UNIT TOLO ENERGIA S.R.L. SIGNED
PRELIMINARY AGREEMENT FOR ACQUISITION OF 49.02 PCT STAKE IN
MURGE GREEN POWER S.R.L. WITH VAS S.R.L.
    * TRANSACTION PRICE IS EUR 2 MILLION OF WHICH EUR 0.2
MILLION WAS
ALREADY PAID AND EUR 1.8 MILLION TO BE PAID UPON SIGNING THE
FINAL DEED
    * AGREEMENT SIGNED AS PART OF THE PROJECT TO DIVEST ASSETS
HELD IN
THE RENEWABLE ENERGY SECTOR
    * MURGE GREEN POWER OWNS FIVE 1 MW PHOTOVOLTAIC PLANTS IN
PUGLIA,
ITALY 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA9xZMVl
    
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