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    ETX   CA29786T1057

ETRION CORPORATION

(ETX)
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Development Bank of Japan Inc., The Kansai Electric Power Company, Incorporated and Osaka Gas Co., Ltd. acquired an unknown stake in 3.2 MW Komatsu/ 24.7 MW Shizukuishi/ 9.3 MW Mito from Etrion Corporation for ¥8.3 billion.

06/22/2021 EDT

Development Bank of Japan Inc., The Kansai Electric Power Company, Incorporated (TSE:9503) and Osaka Gas Co., Ltd. (TSE:9532) acquired an unknown stake in 3.2 MW Komatsu/ 24.7 MW Shizukuishi/ 9.3 MW Mito from Etrion Corporation (TSX:ETX) for ¥8.3 billion on June 22, 2021. The proceeds of such sales, together with the proceeds from the recently completed sale of the Niigata project, will allow Etrion to complete its previously announced reduction of capital and cash distribution to shareholders, anticipated to occur before the end of July 2021. Development Bank of Japan Inc., The Kansai Electric Power Company, Incorporated (TSE:9503) and Osaka Gas Co., Ltd. (TSE:9532) completed the acquisition of an unknown stake in 3.2 MW Komatsu/ 24.7 MW Shizukuishi/ 9.3 MW Mito from Etrion Corporation (TSX:ETX) on June 22, 2021.


© S&P Capital IQ 2021
All news about ETRION CORPORATION
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08/05An unknown buyer acquired Substantially All Assets of Etrion Corporation.
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More news
Financials
Sales 2020 - - -
Net income 2020 22,6 M - -
Net cash 2020 4,56 M - -
P/E ratio 2020 8,43x
Yield 2020 -
Capitalization 11,9 M 11,8 M -
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees 17
Free-Float 58,2%
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Mean consensus -
Number of Analysts 0
Last Close Price 0,05 
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Managers and Directors
Marco Antonio Northland Chief Executive Officer & Director
Christian Lacueva Canut Chief Financial Officer
Aksel Azrac Chairman
Martin Oravec Chief Investment Officer
Ian Henrik Lundin Independent Director