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Etrion to unload Italian solar assets to Ultor
Etrion has signed a definitive sale-and-purchase agreement with Ultor SpA, a joint venture owned equally by Enel Green Power SpA and Fondo Italiano per le Infrastrutture (F2i). Ultor is purchasing Etrion’s 60-megawatt Italian solar portfolio for initial cash consideration of 78 million euros and the assumption of related project-level debt of 221 million euros, with...