EGP acquires an 84 MW wind farm in Italy
The 145 million euro deal is expected to contribute 16 million euros annually to ordinary EBITDA.
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Renewable energy company
enelgreenpower.comLast updated
In short: Enel Green Power expanded in the US, sought India exit, advanced projects, and faced a fatal accident.
The 145 million euro deal is expected to contribute 16 million euros annually to ordinary EBITDA.
The cluster comprises three 110 MW wind farms under long-term PPAs with Sasol and Air Liquide for decarbonization.
The $140M deal includes seven operational plants and is expected to add $20M to annual EBITDA, expanding into three new US states.
It adds €10M yearly EBITDA, has €80M enterprise value, and marks EGP's first major German acquisition.
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3 others were injured in the incident at the Bargi plant run by Enel Green Power on Lake Suviana.
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