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A2A SpA Announces Sale Of Subsidiary


Wednesday, 3 Jul 2013 01:09am EDT 

A2A SpA announced that it has accepted an offer from BKW for the acquisition of the fully owned subsidiary Chi.Na.Co S.r.l., owner of five small hydro run-of-river plants, with total installed capacity of approximately 8 MW. The offer price is EUR 38 million, with possible additional EUR 1.6 million subject to certain conditions by the end of 2014. The transaction will be completed by July 5, 2013, once the necessary documentation is completed. 

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19 Dec 2014