Alerion Clean Power S.p.A. (BIT:ARN) acquired Naonis Wind S.R.L. for €1 million on October 22, 2020. The consideration for the acquisition is financed entirely with own resources, of which 80% paid today and the remainder within 5 days from the commissioning of the plant. Naonis Wind holds the authorization for the construction of a wind farm located in the municipality of Cerignola. The plant, which is expected to start construction by the first half of 2021. Alerion Clean Power S.p.A. (BIT:ARN) completed the acquisition of Naonis Wind S.R.L. on October 22, 2020.