TerniEnergia has signed an agreement for the sale, but has not disclosed the buyer

Date March 16, 2018
Type M&A Transactions
Subtype Imported M&A transactions
Countries Italy
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TerniEnergia has signed an agreement for the sale, but has not disclosed the buyer. The agreement provides that the transaction will close no later than 31 October 2018. Alongside the equity value of the total consideration for the purchase, approx. EUR6.2 million, the transaction envisages the acquisition by the buyer of financial debts related to the plants for approximately EUR27.8 million. The TerniEnergia Group will also retain the tax credits relating to the plants involved in the transaction, for an amount of approximately EUR3.7 million
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