Sale of US Wind Business-global Facility Lender Consent Granted

Sale of US Wind Business-global Facility Lender Consent Granted

17 August 2015

On 15 July 2015 Infigen Energy (ASX: IFN) announced that it had agreed to sell its US wind business for approximately US$272.5 million, with completion of the transaction being subject to various closing conditions including Infigen obtaining consent to the disposal from its Global Facility lenders. Infigen has now received that consent from its Global Facility lenders.

Completion of the transaction remains subject to other closing conditions including receipt of relevant US regulatory approvals and certain other consents and approvals being obtained. The transaction is expected to close in October 2015.

Receive the latest updates straight to your inbox