December 19, 2017 / 4:38 PM / a year ago

BRIEF-7C Solarparken Sells Italian Solar Installation Of 1MWp To Edisun Power

Dec 19 (Reuters) - 7C SOLARPARKEN AG:

* ‍SIGNED SALE AGREEMENT REGARDING 1MWP FREEFIELD SOLAR INSTALLATION "LEO" NEAR RAVENNA IN ITALY​

* SAYS ‍EDISUN POWER ITALIA S.R.L. PURCHASES 100% OF SHARES OF CTG BAAL S.R.L. FROM 7C SOLARPARKEN AG AND TAKES OVER EXISTING PROJECT FINANCING​

* ‍OBTAINS OUT OF TRANSACTION EBITDA GAIN ON DISPOSAL OF CONSOLIDATED ENTITIES OF C. 0.2 MILLION EUR IN 2017​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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