Edition:
United Kingdom

Neoen Acquires 8 Wind Farms In Ireland


Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Neoen SA ::NEOEN ACQUIRES 8 WIND FARMS IN REPUBLIC OF IRELAND WITH A TOTAL CAPACITY OF 53.4 MW.NEOEN EXPECTS THESE WIND ASSETS TO GENERATE AROUND €5 MILLION OF EBITDA PER YEAR.FROM 2020 ONWARDS, ON FY BASIS, NEOEN EXPECTS THESE WIND ASSETS TO GENERATE AROUND €5 MILLION OF EBITDA PER YEAR.NEOEN MAINTAINS ITS ANNUAL GUIDANCE UNCHANGED.ACQUISITION IS EXPECTED TO HAVE A LIMITED CONTRIBUTION TO NEOEN’S 2019 EBITDA.