Etrion to Acquire Italian Solar Projects

21 June 2010 (Last Updated June 21st, 2010 18:30)

Canada's Etrion will acquire over 30MW of solar power projects in Italy for about €45m as part of a new deal. The solar power plants will produce over 55 million KWh of electricity and over €20m of cash flow per year, Etrion said in a statement. The transaction is expected to

Canada's Etrion will acquire over 30MW of solar power projects in Italy for about €45m as part of a new deal.

The solar power plants will produce over 55 million KWh of electricity and over €20m of cash flow per year, Etrion said in a statement.

The transaction is expected to be complete by July 2010.