Alerion Clean Power S.p.A. (BIT:ARN) acquired 49% of stake in Andromeda Wind Srl/Fri-El Anzi Holding Srl/Fri-El Guardionara Srl from FRI-EL Green Power S.p.A. on December 15, 2020. The acquisition was carried out through the signing with FGP of the deed of contribution of 35.7% of the share capital of the Target Companies, with the issue of over 3.0 million new ordinary shares, and the purchase of a further 13.3% of the share capital of the Target Companies following in exchange for 1.1 million own shares held in portfolio. On December 15, 2020, the shareholders' meeting of Alerion, which met in single call, therefore approved the share capital increase in kind, for an amount, including the share premium, of EUR21.0 million with the exclusion of the option right, to be release by means of the contribution in kind by FGP of 35.7% of the share capital of the Target Companies. Alerion Clean Power S.p.A. (BIT:ARN) completed the acquisition of 49% of stake in Andromeda Wind Srl/Fri-El Anzi Holding Srl/Fri-El Guardionara Srl from FRI-EL Green Power S.p.A. on December 15, 2020.