Edition:
India

SDCL Energy Efficiency Income Trust Announces Investment in U.S. Energy Efficiency Portfolio


Monday, 30 Dec 2019 

Dec 30 (Reuters) - SDCL Energy Efficiency Income Trust PLC ::TO BUY 50% INTEREST IN PRIMARY ENERGY, PORTFOLIO OF RECYCLED ENERGY AND COGENERATION PROJECTS LOCATED IN INDIANA.TO BUY 50% INTEREST IN PRIMARY ENERGY FOR EQUITY CASH CONSIDERATION OF ABOUT $110 MILLION.DEAL TO BE FUNDED THROUGH EXISTING CASH RESERVES, INCLUDING CAPITAL RAISED IN EQUITY FUNDRAISINGS.EXISTING PROJECT DEBT FINANCE FACILITIES OF APPROXIMATELY $206 MILLION WILL REMAIN IN PLACE POST ACQUISITION. 

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