Iberdrola inaugurates 496-MW Saint-Brieuc wind farm offshore France
Sep 19, 2024 16:25 CESTUS asset manager Hudson Sustainable Investments LLC announced on Tuesday it has entered into agreements with other shareholders to take Hong Kong-based solar power producer Sky Solar Holdings Ltd (NASDAQ:SKYS) private.
According to a filing by Hudson, a firm associated with it signed a deal on November 14 to acquire 81,949,906 ordinary shares and one million American depositary shares (ADSs) of Sky Solar from IDG-Accel China Capital LP and IDG-Accel China Capital Investors LP for an aggregate purchase price of about USD 25.5 million (EUR 23m).
Also on that day, the above-mentioned firm, called Hudson Global Finance DE II LLC (HGF DE II), entered into a shareholders agreement with Japan NK Investment KK and Fusion-Lynx Holdings with respect to Sky Solar. Under the terms of that deal, HGF DE II and Japan NK Investment will contribute or sell their stakes in the solar power company to Fusion-Lynx Holdings. The latter will then proceed with taking full control of Sky Solar and delisting it from the bourse.
At the end of last month, Japan NK Investment completed the purchase of 152.1 million Sky Solar ordinary shares, including such represented by ADSs, corresponding to a stake of 36.3%.
Sky Solar develops, owns, and operates solar parks in Asia, South America, Europe and North America. It owned and operated 211 MW of plants as at the end of 2018.
(USD 1.0 = EUR 0.908)
Iberdrola inaugurates 496-MW Saint-Brieuc wind farm offshore France
Sep 19, 2024 16:25 CESTNacap to build hydrogen pipeline for AGA’s Aussie green ammonia project
Sep 19, 2024 16:03 CESTKKR fund increases tender offer price for Greenvolt
Sep 19, 2024 15:32 CESTStatkraft connects 44.5-MW solar farm to grid in Spain
Sep 19, 2024 15:28 CESTBlueFloat, China’s Dajin to partner on floating wind supply chain
Sep 19, 2024 15:04 CESTDeutsche Windtechnik wins turbines maintenance contract in Sweden
Sep 19, 2024 14:55 CEST