-+ 0.00%
-+ 0.00%
-+ 0.00%

Photon Energy Sells Slovakian Photovoltaic Portfolio in EUR6 Million Deal

MT Newswires·09/28/2026 00:34:12
Listen to the news
12:34 AM EDT, 09/28/2026 (MT Newswires) -- Photon Energy (PEN.WA) agreed to divest eight photovoltaic power plants in Slovakia with a combined capacity of 7.581 megawatts-peak. The portfolio was sold through the disposal of shares in eight special-purpose vehicles to four private investors at an enterprise value of 5.6 million euros, according to a Sept. 26 release. The power producer expects the transaction to reduce consolidated financial debt by 4.1 million euros, support liquidity, and support its planned restructuring.