Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal down45.700 -0.850 (-1.826%)

05/02/2021 09:31

Power Assets (00006) to buy Canadian wind farms

[ET Net News Agency, 5 February 2021] Power Assets Holdings Limited (00006) said its
material joint venture CPHI and the SPV have entered into the share and debt purchase
agreement with the vendor for the acquisition of all the issued and outstanding securities
of PSS Holdings.
Also, CPHI, CKI, the company and the SPV have entered into the funding and acquisition
support agreement. CKI, the company and the SPV have agreed to provide funding and/or
acquisition support to CPHI in relation to the acquisition, and CPHI and the SPV have
agreed to undertake certain steps following closing to result in the CPHI Group owning
100% of the equity interest in PSS LP.
PSS Holdings owns 100% of the partnership interest in PSS LP which through its
subsidiaries wholly owns and operates the Okanagan Wind projects, comprising the Pennask
Wind Farm and the Shinish Creek Wind Farm, in British Columbia with a combined installed
capacity of 30 megawatts. (RC)

Remark: Real time quote last updated: 24/09/2021 16:20
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.