July 8, 2019 / 6:50 AM / 4 months ago

BRIEF-Edisun Power Acquires 23 Mw Photovoltaic Project In Portugal

July 8 (Reuters) - Edisun Power Europe AG :

* SAID ON FRIDAY THAT THEY AQUIRED 23 MW PHOTOVOLTAIC CONSTRUCTION PROJECT IN PORTUGAL

* THE PROJECT ALREADY IN POSSESSION OF PRODUCTION LICENSE, CONSTRUCTION EXPECTED TO BEGIN IN FOURTH QUARTER OF 2019

* THE PLANT EXPECTED TO BE COMMISSIONED IN COURSE OF 2020

* PLANT TO BE BUILT ON AN AREA OF 54 HECTARES BY MEANS OF UNIAXIAL OF TRACKING MODULES, AROUND 46 MILLION KWH HOURS OF ELECTRICITY ARE GENERATED ANNUALLY

* PROJECT IS EXPECTED TO ACHIEVE A NET RESULT OF AROUND CHF 0.6 MLN ANNUALY

* INVESTMENT TO BE FINANCED FROM EXISTING FUNDS, WITH A PROJECT FINANCING OF CHF 1.2 MILLION AS WELL AS A CAPITAL INCREASE BY MEANS OF A CONTRIBUTION IN KIND

Source text for Eikon: [bit.ly/2Jjvy1O]

Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below