Etrion Corporation announced that it has completed the sale of its interests in the Company’s 45 MW Niigata solar project under construction to Renewable Japan Co. Ltd. and Daiichi Life Insurance Company Limited for gross proceeds of JPY 6.3 billion (approximately USD 57.3 million). Etrion anticipates completing the sale of its other Japanese solar projects in the coming weeks. The proceeds of such sales, together with the proceeds from the sale of the Niigata project, will allow Etrion to complete its previously announced reduction of capital and cash distribution to shareholders.