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| Home : Etrion Completes Balance of Sale of Italian Solar Portfolio to EF Solare Italia |
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Dec 24
2016 |
Etrion Completes Balance of Sale of Italian Solar Portfolio to EF Solare Italia |
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MIAMI, FL--(Marketwired - December 23, 2016) - Etrion Corporation ("Etrion" or the "Company") (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that it has completed phase two of the previously disclosed sale of its Italian solar portfolio to EF Solare Italia, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture "F2i". EF Solare Italia has purchased Helios Ita S.r.l., which owns 6.4 MW of Etrion's total portfolio in Italy, for cash consideration of Euro 5.3 million and the assumption of related project-level debt of Euro 23 million. |
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| Source:http://www.marketwired.com/mw/release.do?id=2185348&sourceType=3 |
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