Alerion, sale and purchase of wind farms with RWE to increase installed capacity

Alerion sale and purchase of wind farms with RWE to

(Tiper Stock Exchange) – Alerion Clean Powera company listed on Euronext Milan and active in the field of renewable energies, has perfected a agreement with RWE Renewables Italia which led to theacquisition of 51% of the share capital of Fri-El Anzi Srl and Fri-El Guardionara Srlof which Alerion itself already holds the remaining 49% of the share capital.

Fri-el Anzi and Fri-el Guardionara are owners of two wind farmslocated respectively in the municipality of Anzi (PZ), with an installed power of 16 MW, and in the municipality of San Basilio (CA), with an installed power of 24.7 MW.

The agreement also provided for the assignment by Alerion of a minority stake of 49% in the share capital of the company Andromeda Wind Srl (of which RWE already holds the remaining 51% of the share capital), owner of a wind farm located in the municipality of Ururi (CB), with an installed capacity of 26 MW.

The price paid for the purchase of the investments in Fri-el Anzi and Fri-el Guardionara was respectively equal to 18.8 million euro and 25.5 million euro, while the price collected for the sale of the investment in Andromeda Wind was amounting to 26.5 million euros.

(Photo: Zbynek Burival on Unsplash)

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