Grenergy Renovables S.A (ES:GRE) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Grenergy Renovables S.A. has agreed to sell all phases of the Oasis Atacama project in northern Chile to ContourGlobal for an enterprise value of $962 million, including project debt and potential earn-outs. The sale aligns with strategic moves, as Phase 1 is set to be operational early 2025, while Phases 2 and 3 are slated for later in the year. This significant transaction highlights Grenergy’s dynamic approach to renewable energy investment.
For further insights into ES:GRE stock, check out TipRanks’ Stock Analysis page.