News Article
S.A.G. Signs Contract For 48 MWp PV Project In North Italy
S.A.G. Solarstrom AG has signed a purchase contract for the large-scale project "Serenissima" in Northern Italy with an institutional investor on the 31st of December 2011. The contract is subject to the usual conditions precedent. The price of sale will be in line with the market rate in the triple-digit million-euro range. The corporate shares will be transferred and the purchase price paid to the S.A.G. Solarstrom Group in the first quarter of 2012