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Aug 22 (Reuters) - New Energy Solar Ltd (NEW) : REACHED A...

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    22/08/22
    11:40
    Post #: 63245761

    Aug 22 (Reuters) - New Energy Solar Ltd (NEW) :

    • REACHED A BINDING AGREEMENT TO SELL ITS PORTFOLIO OF 14 U.S. SOLAR ASSETS
    • BINDING AGREEMENT FOR PRICE OF US$244.5 MILLION
    • EXPECTED THAT NEW SHAREHOLDERS WILL RECEIVE INITIAL RETURN OF CAPITAL OF $A0.82 PER SHARE
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