Search Share Prices
Trading Emissions sets sale date for last Italian solar asset
Having announced the sale of its remaining solar operating subsidiary back in February, Isle of Man-based group Trading Emissions has set a date for the sale of its remaining Italian solar operating subsidiary, Solar Energy Italia 1.
The AIM-listed company is set to net 8.64m from the sale of SEI1 after entering into a quota purchase agreement with NextPower II Italia in respect of the sale of its entire interest in the ground-mounted solar photovoltaic plant located in Ragusa, Sicily.
The sale of the Italian 8.4MW solar plant, now confirmed to close on 4 April, means Trading Emissions will no longer have any interests in Italian operating subsidiaries, nor in solar subsidiaries.
As of 0840 GMT, shares had advanced 5.61% to 3.20p.