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Martifer — M&A Activity 2019
Mar 20, 2019
1938_iss_2019-03-20_582c090a-bbdb-4f60-a80c-088e234ec8a8.pdf
M&A Activity
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Oliveira de Frades, 20 th March 2019 Representative for Market Relations: Pedro Nuno Cardoso Abreu Moreira
INVESTOR RELATIONS [email protected]
T. +351 232 767 700
Reuters: MAR.LS Bloomberg: MAR PL
MARTIFER INFORMS ABOUT THE SALE OF WIND FARMS
Martifer SGPS, S.A., ("Martifer"), informs about the sale of the Wind Farms Vila Franca de Xira and Baião, which together have an 18.9 MW installed capacity.
The selling price, Equity Value, of 100 % of the shares of the companies that hold the abovementioned Wind Farms amounted to 23 million euros. Martifer held 50 % of each company.
This sale is part of the Group's asset rotation, value adding and debt reduction strategy.
Martifer SGPS, S.A.
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