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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Ms Vera Bücker +49 201 1215140
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RWE Aktiengesellschaft

innogy signs contract to acquire BELECTRIC Solar & Battery

Portfolio enhanced and expanded in the areas of utility‐scale photovoltaic power plants and battery storage solutions / Transaction intended to be closed at the beginning of 2017

(PresseBox) (Essen, )
innogy SE is setting the course for future growth and will take over German solar and battery specialist BELECTRIC Solar & Battery Holding GmbH. The company is part of the BELECTRIC Group. innogy and BELECTRIC Holding GmbH have signed a share purchase agreement. The parties have agreed a purchase price in a high double‐digit million euro range. The transaction is subject to approval by the anti‐trust authorities and reorganizational measures. Closing of the transaction is intended to take place in early 2017. innogy SE is temporarily called RWE International SE until the beginning of September 2016.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.