SIXTH BINDING ACQUISITION AGREEMENT
DC Mount Signal 2 US Solar Fund Plc ( LON:USF (USD) / USFP (GBP) ) is pleased to announce it has executed binding agreements to acquire up to a 50% interest in a 200MW
DC operating solar plant located in the Imperial Valley of Southern California, Mount Signal 2 (MS2, the Project), for a total price of between $44 million and $46 million (the Transaction). The Transaction is structured in two tranches. Tranche One comprises an immediate acquisition of an initial 25% interest for a fixed price of $23m and is expected to be completed during the first quarter of 2021, subject to customary third-party consents. Tranche Two consists of an option for USF to acquire a further 25% interest for $22m subject to a performance-based adjustment mechanism which can adjust the price upwards or downwards by up to $1m. USF may exercise the Tranche Two option for up to 12 months from Tranche One completion, with Tranche Two comp
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Homes acquired from Brick By Brick, the development company set up by Croydon Council Residential Secure Income plc ( ReSI ) (LSE: RESI), which invests in affordable shared ownership, retirement and local authority housing, has exchanged contracts for £29 million to acquire up to 85 newly completed homes for delivery as shared ownership. The properties are being acquired from Brick By Brick, the housing development company set up to deliver a large programme of high quality and affordable homes for local people across the London Borough of Croydon. The transaction will allow Brick By Brick to offer these homes as shared ownership, accelerating the delivery of much-needed affordable homes and returning the proceeds of the sale to the London Borough of Croydon to be spent on frontline services. The homes will be held by ReSI s wholly owned registered provider of social housing, ReSI Housing, and part financed by government grant.
Speech-to-text API Market to depict appreciable growth prospects over 2020-2028 – BIZNEWS biznews.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznews.co.ke Daily Mail and Mail on Sunday newspapers.