13/2018: Sale of “Polczyno” wind farm

As anticipated in the Interim Financial Report for 2018, the Management of Athena has been pursuing opportunities for the disposal of the Company’s Polish assets and today signed an agreement for the sale of the wind farm located in Polczyno to a private Polish investor.

The wind farm consists of 2 Enercon turbines for a total net capacity of 1.6 MW and was commissioned in August 2006.

The total transaction price for the wind farm amounts to EUR 0.5M.

After the satisfaction of some conditions precedent, Athena expects to complete the transaction within Q4 2018.

 

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