Athena formally exits 205-MW wind/solar portfolio

The Monte Grighine wind farm in Italy. Source: Athena Investments

Athena Investments A/S (CPH:ATHENA) announced on Thursday the completion of its previously announced sale of stakes in six wind and solar parks in Italy and Spain totalling 205.5 MW.

The buyers, Ardian Infrastructure and Glennmont Partners, have paid a combined EUR 90.9 million (USD 101m) for the assets listed below.

Name	Type	Capacity	Location	Interest	Buyer
Monte Grighine	Wind	98.9 MW	Italy	50%	Ardian
Cerveteri	Solar	8.7 MW	Italy	100%	Ardian
Nardo Caputo	Solar	9.8 MW	Italy	100%	Ardian
La Castilleja	Solar	9.8 MW	Spain	100%	Ardian
Conesa	Wind	30 MW	Spain	100%	Ardian
Minerva Messina	Wind	48.3 MW	Italy	100%	Glennmont

Athena’s chairman Peter Hostgaard-Jensen said last month that the proceeds from the sale will allow the company to “continue its diversification to rebalance the portfolio in terms of businesses and geography.”

(EUR 1.0 = USD 1.11)

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