Announced
Synopsis
EKZ, a firm operating in the energy sector, UBS Clean Energy Infrastructure Switzerland and Canton Grisons to acquire a 12.69% stake in Repower, an operator of an energy sales and service company, from Axpo, a firm that produces, trades and sells energy. Financial terms were not disclosed. “The decision to sell our minority share in Repower AG is consistent with our corporate strategy which includes the divestment of non-strategic shareholdings. The sale enhances our financial leeway, particularly in view of the expansion of wind and PV in Switzerland and internationally," Joris Gröflin, Axpo CFO.
Principals
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.