Nextenergy Capital Italia S.R.L. signed a preliminary contract to acquire 50% stake in NextPower II Prima Srl from TerniEnergia S.p.A. (BIT:TER) for €1.3 million on June 7, 2019. Under the terms, NextEnergy will assume financial debt linked to the plants for approximately €4 million. The transaction is subject to conditions precedent typical for this type of transaction, including the release of waivers by the leasing companies that financed the JV. The transaction is expected to close by August 8, 2019. KPMG Advisory SpA acted as financial advisor for TerniEnergia. Nextenergy Capital Italia S.R.L. completed the acquisition 50% stake in of NextPower II Prima Srl from TerniEnergia S.p.A. (BIT:TER) on August 2, 2019. The payment will be made in cash upon the effectiveness of the attestation of the Plan for the recovery and relaunch of TerniEnergia and to the fulfilment of certain conditions typical for this type of acquisition. The transaction is guaranteed by a credit surety given by the parent company of the buyer, NextPower II Italia S.r.l.