Solar power producer Etrion Corp (TSE:ETX) announced today it has completed the sale of its final asset in Japan, the 9.5-MW DC Misawa solar park. The divestment is part of Etrion’s plan initiated this spring to sell all or almost all of its solar holdings in Japan in order to support a return of capital […]
Etrion Sheds 47.2-MW Solar Portfolio in Japan
Independent power producer Etrion Corp (TSE:ETX) today said it has offloaded its shareholding in a 47.2-MW portfolio of solar parks in Japan to a domestic consortium. The deal, with a gross value of JPY 8.25 billion (USD 74.7m/EUR 62.9m), concerns Etrion’s 13.2 MW-Komatsu, 24.7-MW Shizukuishi and 9.3-MW Mito photovoltaic (PV) farms, the given capacity of […]
Etrion Completes Sale For JPY 8.252 Billion of Three Japanese Operating Solar Projects to Japanese Consortium
GENEVA : Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that it has completed the sale of its interests in the Company’s 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito operating solar energy projects (collectively the “3 Projects”) to companies established by Development Bank […]
Etrion Sheds 45-MW Japanese PV Project, More to Follow in Coming Weeks
Solar power producer Etrion Corp (TSE:ETX) said on Monday it has finalised the sale of its 45-MW Niigata solar park project in Japan in a deal with a gross value of JPY 6.3 billion (USD 54.8m/EUR 44.8m). The photovoltaic (PV) park, currently being constructed in Niigata prefecture, was offloaded to a Japanese consortium composed of […]
Etrion Arranges Sale of 9.5-MWp Solar Farm in Japan
Solar power producer Etrion Corp (TSE:ETX) announced on Thursday that it has struck an agreement to sell its 9.5-MW (direct current) Misawa solar farm in Japan. Etrion’s wholly-owned subsidiaries Solar Resources Holding Sarl and Etrion Japan KK will sell their interests to Japanese company Gk Misawa Solar for an aggregate net price of around JPY […]
Etrion Completes Sale of Niigata Solar Project
GENEVA : Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that it has completed the sale of its interests in the Company’s 45 MW Niigata solar project under construction to Renewable Japan Co. Ltd and Daiichi Life Insurance Company Limited for gross proceeds of JPY 6.3 […]
Etrion agrees sale of 45-MW solar project in Japan
Independent power producer Etrion Corp (TSE:ETX) today said it has agreed to sell its 45-MW Niigata solar project in Japan to a Japanese consortium composed of Renewable Japan Co Ltd and Daiichi Life Insurance Co Ltd. Niigata is being sold by Etrion’s subsidiaries with its project debt for a net price of about JPY 6.3 […]
Etrion Announces Potential Sale of Japanese Solar Assets
GENEVA, Switzerland : Etrion Corporation a solar independent power producer, announces that it is exploring strategic alternatives to maximize the value of its solar portfolio in Japan. Etrion has engaged Mitsubishi UFJ Morgan Stanley Securities Co., Ltd (“MUMSS”) as financial advisor to assist with the potential sale of the Company’s 57-megawatt operating solar portfolio and […]
Etrion reaches agreement on 60 MW Mie Project
GENEVA : Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, announces that it has reached a new agreement with Ziva Energy (“Ziva”) on their dispute regarding the 60 MW Mie solar project (“Mie”). Etrion’s development company in Japan, Etrion Japan KK, had signed a development services agreement (DSA) […]
Etrion issues a green project bond for approximately JPY 16 billion (US$146 million) and commences construction of its 45 MW Niigata Solar Project in Japan
GENEVA: Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, announces the signing, execution and drawdown with respect to a finance agreement for the construction of the 45 megawatts (“MW”) Niigata solar project located in the in the Niigata prefecture in northern Japan. The arranger of the Etrion Green […]