UK co Good Energy sells 5 MW to Eneco
Dec 21, 2016 17:27 CET
December 21 – UK green energy company Good Energy Group Plc (LON:GOOD) has agreed to sell its 5-MW Oaklands solar park to Eneco UK Ltd, with completion of deal expected around January 3.
The company said today it will sell the asset for GBP 5.78 million (USD 7.1m/EUR 6.9m) in cash. The agreement includes an option for Good Energy to buy power from the solar farm. The seller will keep providing asset management services.
The sale is expected to bring net profits of between GBP 340,000 and GBP 390,000, to be recognised in 2017. The proceeds will be used to finance the construction of additional photovoltaic (PV) capacity before the March 2017 deadline for renewable obligation (RO) support, Good Energy said.
This first project with Eneco is in line with the UK company’s strategy of selling sites and reinvesting to develop renewable assets.
(GBP 1 = USD 1.24/EUR 1.19)
Recommends:
Aduro® PowerUp Solar Powered Rugged Backup Battery W/ Dual USB Ports, IPX4 Certified Water Resistant, Shock Proof, Dirt Proof, Snow Proof. 6000 mAh, 30+ Hrs Talk Time Added (Grey/Black)The Aduro® PowerUp Solar Powered Backup Battery is the most convenient battery we’ve created, to date. No more having to rememb…
Solar Charger, FKANT 15000mAh Portable Dual USB Solar Battery Charger External Battery Pack Phone Charger Power Bank with 6LED Flashlight for iPhone iPad Samsung HTC Cellphones and MoreFKANT 15000mAh Solar Power Bank Portable Dual USB Outdoor External Battery Pack for iPhone 6s Plus, 6s, 5s, Samsung S6 Edge, S6, N…
30000mAh Dual USB Portable Solar Battery Charger Power Bank For Cell Phone Samsung Htc IpadDescription: Color: Black. 30000 mAh portable solar charger power bank w/ adapters Solar panel: 1.5W Capacity (mAh): 30000mAh Char…
Solar Power Bank
