Greenvolt Acquires Majority of Spanish Solar Co.

• Portuguese energy firm Greenvolt Energias Renovaveis SA announces its intention to acquire majority stakes of Spanish solar firm Iberica Renovables SL. Financial details and the amount of shares to be acquired remain undisclosed. AdC is currently reviewing the deal. Comments must be submitted within 10 business days.

Portuguese energy firm Greenvolt - Energias Renovaveis SA has announced its intention to take control of Spanish solar firm Iberica Renovables SL. Through its renewables subsidiary Greenvolt Next, the company will acquire majority stakes of Iberica Renovables, a company specialising in the turnkey assembly of photovoltaic power plants. The amount of shares to be acquired and the financial details of the purchase have not been disclosed. The deal is currently under review by the Portuguese Competition Authority (AdC). Any comments regarding the acquisition should be submitted within 10 business days.

What is the Amount of Shares to be Acquired in Greenvolt-Iberica Deal?

• Greenvolt - Energias Renovaveis SA has announced its intention to take control of Spanish solar firm Iberica Renovables SL.
• Through its renewables subsidiary Greenvolt Next, the company will acquire majority stakes of Iberica Renovables.
• The amount of shares to be acquired has not been disclosed.
• The financial details of the purchase are also yet to be revealed.
• The deal is currently under review by the Portuguese Competition Authority (AdC).
• Any comments regarding the acquisition must be submitted within 10 business days.