EAM Solar ASA: Sale of shares and power plants to Energeia AS
(WorldNews Norway)

EAM Solar ASA: Sale of shares and power plants to Energeia AS 15.08.2019 22:19 https://newsweb.oslobors.no/message/483058 15 August 2019 EAM Solar ASA has today sold the shares in the subsidiary EAM Solar Norway Holding AS to Energeia AS. The Board of Directors decided to conduct this sale in order to protect and secure the financial integrity of EAM Solar ASA, ensuring EAM Solar ASA`s capability to continue its litigation activities in foreseeable future without necessitating to raise additional capital. Energeia AS is both shareholder in, and manager of EAM Solar ASA. In addition, several of the shareholders in Energeia AS are also direct shareholders in EAM Solar ASA. Although the sale is...