Atrato Onsite Energy Sells Solar Portfolio for £218.7M

Atrato Onsite Energy Sells Solar Portfolio for £218.7M

Atrato Onsite Energy Plc (GB:ROOF) has released an update.

Atrato Onsite Energy Plc has successfully completed the sale of its solar asset portfolio to Phoenix UK Bidco Limited for £218.7 million. The company plans to distribute its net assets to shareholders following shareholder approval for voluntary liquidation. The sale agreement includes maintaining the existing Revolving Credit Facility with National Westminster Bank.

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