Brief: Verbund Signs Cooperation Agreement With PV-Invest Group

VERBUND AG

13/12/2022 14:42

Dec 13 (Reuters) - Verbund AG  VERB.VI :
    * EQS-NEWS: VERBUND AG: VERBUND AG ENTERS ITALIAN MARKET
AFTER
SIGNING A COOPERATION AGREEMENT WITH THE PV-INVEST GROUP AND
ACQUIRING A PHOTOVOLTAIC PROJECT PORTFOLIO OF UP TO 250 MWP IN
APULIA
    * VERBUND AG - PROJECT PORTFOLIO CONSISTS OF A PIPELINE OF
UP TO
45 GREENFIELD SOLAR PV INSTALLATIONS IN REGION OF APULIA IN
SOUTHERN ITALY
    * VERBUND AG - BASIS FOR THIS IS PROVIDED BY A COOPERATION
AGREEMENT WITH PV-INVEST GROUP FOR ACQUISITION OF A PROJECT
DEVELOPMENT COMPANY INCLUDING DEVELOPMENT OF A PHOTOVOLTAIC (PV)
PROJECT PORTFOLIO OF UP TO 250 MWP
    * VERBUND AG - PROJECTS FROM PORTFOLIO WILL GRADUALLY
ACHIEVE
READY-TO-BUILD STATUS STARTING IN QUARTER 3/2023 UP TO MID-2024,
WITH MAJORITY COMING ON STREAM BY END OF 2024

Source text for Eikon:  ID:nEQ6mr13Ta 
Further company coverage:  VERB.VI 
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