Brief: Acciona Energia To Sell 64MW Hydro Portfolio To White Summit Capital For €66 Mln
BRIEF-Acciona Energia To Sell 64MW Hydro Portfolio To White Summit Capital For €66 Mln June 5 (Reuters) - Acciona SA ANA.MC:
TO SELL 64MW HYDRO PORTFOLIO TO WHITE SUMMIT CAPITAL
TRANSACTION IS VALUED AT €66 MILLION AND IS DEBT-FREE
PORTFOLIO COMPRISES 17 SMALL HYDROELECTRIC PLANTS IN NAVARRA AND ONE IN LA RIOJA WITH CAPACITIES RANGING FROM 1MW TO 6.2MW AND LONG-TERM CONCESSION AGREEMENTS
TRANSACTION EXPECTED TO CLOSE IN COMING WEEKS, GENERATING ESTIMATED CAPITAL GAIN OF €55 MILLION
Source text: ID:nCNM5xvq4q
Further company coverage: ANA.MC
(Gdansk Newsroom)
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