LONDON, UK: ContourGlobal plc in partnership with Energy Infrastructure Partners AG has reached an agreement with a group of private shareholders to acquire up to 100% of the shares in Green Hunter Group S.p.A., a portfolio of Solar Photovoltaic assets totaling 18 MW located in Italy for €49.7 million. The Acquired Assets of Green Hunter…
ContourGlobal plc is a power generation business. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company generates circa 59% of its power from traditional sources of fuel such as natural gas and coal and circa 41% from renewable sources such as wind, solar and water….
LONDON: S&P Global Ratings (S&P) has upgraded the ContourGlobal PLC (CG) issuer credit rating to ‘BB’ from ‘BB-‘, its subsidiary ContourGlobal Power Holdings (CGPH) to ‘BB’ from ‘BB-‘, and the CGPH senior secured debt to ‘BB+’ from ‘BB’. The Rating Outlook is Stable. According to S&P, the upgrade to ‘BB’ from ‘BB-‘ reflects CG’s stable…