Dear Investors,
Aldesa Group has completed the sale of its 50% stake in two wind farms named Eólico Alijar S.A. (24MW) and Valdivia Energía Eólica S.A. (28,5MW) according with the Purchase and Sale agreement signed on December 28th, 2018.
The buyer was Acciona Energía S.A. and after the sale owns 100% of the two windfarms.
The sale has resulted in a cash inflow of €10.5 million for the Aldesa´s Restricted Group and in addition to this inflow a reduction for the consolidated group debt of €6.0 million (including principal, interests and the derivatives as of the signing date).
The transaction described above proves Aldesa’s willingness to dispose these assets when favorable market conditions evolve.
Please do not hesitate to contact us if you have any question.
Aldesa’s Investor Relations team.