Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  UBI Banca S.p.A.    UBI   IT0003487029

UBI BANCA S.P.A.

(UBI)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancials 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

UK-based Quercus sells 320MW of solar, wind assets to Italy's Green Arrow

10/29/2019 | 07:43am EST

MILAN (Reuters) - British-based renewable energy investor Quercus has sold 320 megawatts of wind and solar power assets to Italian private equity Green Arrow Capital (GAC) for an undisclosed amount.

The five funds sold to GAC, wrapped into Quercus Assets Selection, manage operations in Italy, Britain, Spain, Romania and Bulgaria, the two companies said on Tuesday.

After the deal, GAC will become Italy's top independent green energy infrastructure asset manager with some 400 MW of capacity under management and one of Europe's top 10 players.

According to a source close to the matter, the total value of the assets in the Quercus Assets Selection platform is more than 700 million euros (£605 million).

GAC was advised by UBI Banca while Quercus was assisted by law firm Fieldfisher.

(Reporting by Stephen Jewkes; editing by Jason Neely)


© Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
CK INFRASTRUCTURE HOLDINGS LIMITED -1.48% 43.35 End-of-day quote.4.08%
JASON CO., LTD. -2.08% 658 End-of-day quote.-1.50%
UBI BANCA S.P.A. 0.00% 3.592 End-of-day quote.0.00%
All news about UBI BANCA S.P.A.
2020Spain's Unicaja, Liberbank in merger conversations as more deals loom
RE
2020Spain's Unicaja, Liberbank in informal talks about tie-up - source
RE
2020Italy faces crunch time on Monte dei Paschi
RE
2020UniCredit CEO says bank's clear message is 'no M&A'
RE
2020BPER Banca Agrees to Capital Increase Ahead of Intesa Branches Disposal
DJ
2020INTESA SANPAOLO S P A : Unions Reach Agreement for 5,000 Voluntary Exits, 2,500 ..
DJ
2020Correction to Intesa Sanpaolo Branch Disposals Article
DJ
2020Intesa Sanpaolo to Complete Sale of Some Branches in February and 2Q 2021
DJ
2020H. 19.41 - UBI BANCA : communication on shareholders' agreement
PU
2020Aviva in talks for piecemeal sale of Italy business - sources
RE
More news
Financials
Sales 2019 2 801 M 3 409 M 3 409 M
Net income 2019 251 M 306 M 306 M
Net Debt 2019 37 154 M 45 213 M 45 213 M
P/E ratio 2019 26,6x
Yield 2019 4,46%
Capitalization 4 078 M 4 792 M 4 963 M
EV / Sales 2018 15,3x
EV / Sales 2019 14,4x
Nbr of Employees 18 072
Free-Float 94,1%
Chart UBI BANCA S.P.A.
Duration : Period :
UBI Banca S.p.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
NameTitle
Gaetano Miccichè Chief Executive Director & General Manager
Paolo Maria Vittorio Grandi Chairman
Elvio Sonnino Chief Operating Officer & Senior Deputy GM
Elisabetta Stegher Chief Financial Officer
Sergio Pivato Independent Member-Supervisory Board
Sector and Competitors