CogenInfra to acquire an 82% stake in Elettra Investimenti from B FIN for €70m.

CogenInfra, which operates a district heating power plant in Italy, agreed to acquire an 82% stake in Elettra Investimenti, an energy services company, from B FIN, an Italian holding company, for €70m. Following the acquisition of B FIN's stake in Elettra Investimenti, CogenInfra is promoting a mandatory tender offer on the remaining stake of Elettra Investimenti.