Gresham House has agreed to acquire the entire issued share capital of FIM

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Gresham House has agreed to acquire the entire issued share capital of FIM. On completion, the company will pay an initial consideration of GBP21.0 million comprising GBP11.2 million in cash and GBP9.8 million in loan notes (such loan notes to be exchanged for new ordinary shares in Gresham House). Further deferred consideration of up to GBP4.0 million will be payable by the company, subject to the satisfaction of certain performance targets being met over a two year period post-completion
List of the country updates

Country updates

  • May 01, 2018

    Aviva Investors has agreed to buy the minority stakes from Fred Olsen Renewables

    Aviva Investors has agreed to buy the minority stakes from Fred Olsen Renewables. The deal includes a buy back agreement of the same stakes in FOCBH for a nominal amount in 2042

  • May 01, 2018

    Quadgas Investments has entered into an agreement to potentially acquire a 25% stake in Cadent Gas

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  • May 01, 2018

    Aviva Investors has agreed to buy a minority stake in Fred Olsen CBH Limited (FOCBH), owner of the project, from Fred Olsen Renewables Limited (FORL)

  • May 01, 2018

    In May 2008, Dong Energy began construction of the second wind farm in the Horns Rev area

  • May 01, 2018

    John Wood Group has installed scanning lidar devices on two of the five floating turbines at the project

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