- Opera Power owns a utility scale PV plant of around 0,9 MWp
- The transaction price amount to € 327 thousand
Italeaf, holding company and first Italian company builder active in cleantech and smart innovation sectors, listed on on NASDAQ OMX First North, has signed an agreement for the sale of 50% of the shares of Opera Power Srl to TERNI Research SpA.
The Company operates a photovoltaic plant of 881.36 kWp site in the town of Narni (Terni). The total value of the sale has been agreed between the parties to Euro 327 thousand. Payment by TERNI Research will be effective within three days from the date of signing the agreement.
The transaction will be subject to a resolutive condition of the lack of consent expressed by the leasing company with which signed agreement relating to photovoltaic plants, no later than March 31, 2016.
Considering that TERNI Research SpA is controlled by the same main shareholder of Italeaf, the transaction should be constituted as a related-party transaction. The counter value of the transaction is supported by a report estimation prepared by an independent expert.
