Alerion Clean Power S.p.A. (BIT:ARN) acquired 119.75 MW Portfolion of Three Wind Farms in Italy from FW Holding and Fri-El Nulvi Holding S.r.l. for approximately €100 million on March 5, 2020. Under the terms of the transaction, Alerion will pay €85 million for the entire share capital held by FW Holding in the two wind farms with a total installed capacity of 90 MW, located in the municipalities of Ricigliano and Grottole, while a payment of €19.1 million for a 90% stake in the share capital of Fri-El Nulvi Holding, owner of a 29.75 MW operating wind farm in the municipalities of Nulvi and Tergu. The wind farms reported an EBITDA of €27 million in 2019. Alerion Clean Power S.p.A. (BIT:ARN) completed the acquisition of 119.75 MW Portfolion of Three Wind Farms in Italy from FW Holding and other shareholders on March 5, 2020.