Transeastern Power Trust to Acquire Wind Project in Romania from RG Renovatio for USD21.9 Million

Transeastern Power Trust , a renewable energy holding company, has agreed to acquire wind project located in Romania , from RG Renovatio Group Ltd , a solar and wind energy development company, for a purchase consideration of CAD30.6 million ( USD21.88 million ) less the amount of debt financing on the wind project as on the closing date. The total installed capacity of wind project is 17 MW. The transaction implies a deal value of USD1.28 million per ...

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