30 April 2020


Reference is given to the stock exchange notice of the 17th of April 2020 and
the Q4 report 2019. EAM Solar ASA has been informed by Energeia AS that the sale
of the power plants Varmo & Codroipo has been executed and achieved financial
close today. Consequently, the sale of the power plants is fully consummated and
the cash proceeds from the transaction has been received by Energeia AS. The
first quarter report will contain more details on the transaction and the
financial impact on EAM Solar ASA.


For further information, please contact:

Viktor E Jakobsen, CEO, phone +47 9161 1009, viktor@eam.no
 
 
 
About EAM Solar ASA: EAM Solar ASA is a utility company that acquires and
operates solar power plants. The Company currently owns solar PV power plants in
Italy. The plants are operating under long-term sales contracts. In addition,
the Company's business is lawsuits in relation acquisition of solar power
plants.
 
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange