Wood signs agreement to sell 50% of Italian wind farm JV
Wood has reached an agreement to dispose of its 50% interest in the Voreas S.r.l wind farm joint venture in Italy for a cash consideration of around $27m. Wood’s share in the joint venture generated EBITA of around $3m in the year to 31 December 2017.
The disposal is subject to a number of conditions precedent and is expected to complete in the fourth quarter of 2018.
Country updates
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August 10, 2018
European Energy agrees to sell 39 MW wind farm in Italy to Quercus
European Energy and Quercus Assets Selection have signed a sales and purchase agreement (SPA) for the 39 MW Bosco Le Piane wind project. The facility is located in the Basilicata region...
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July 31, 2018
Glennmont Partners sells 3 solar plants
Glennmont Partners sells 3 solar plants in Italy with a total capacity of 85 MW. The bidding received more than 10 offers with value about EUR 350 million. Glennmont Partners had an existing 285 MW w...
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July 31, 2018
WFW advises WW on a €20m financing for its hydropower project
Watson Farley & Williams has served as an advisor for Werdenfelser Wasserkraft GmbH for the €20m (USD23.2126 m) financing by Bayern LB to its 10 MW hydropower project located i...
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July 26, 2018
Terra Firma enters into an agreement for the sale of RTR
Terra Firma has entered into an agreement to sell RTR, the Italian solar energy platform, to F2i. RTR owns 134 Italian sites producing photovoltaic electricity, with a total installed c...
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July 25, 2018
Falck Renewables signs an agreement to acquire wind technical advisory firm
Falck Renewables has signed an agreement through its wholly-owned subsidiary Vector Cuatro to acquire a 100% share of Windfor an Italian wind technical advisory firm. The ac...
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