Encavis (OTC:ENCVF) Stock, Quote.Headers.trade-ideas

Encavis AG is an independent solar park operator. Principally, it is engaged in the business of acquisition and operation of solar parks and onshore wind parks. Its operating segments are PV Parks, Service, Wind Parks, Asset Management, and Administration, of which the majority of its revenue comes from the PV Parks segment. The PV Parks segment comprised more than 169 solar parks with a total generation capacity of more than 1.3 GW, with parks located in different countries. Its geographical segments are Germany, Italy, Spain, France, Denmark, Netherlands, United Kingdom, Finland, Sweden, and Lithuania, of which maximum revenue is derived from Germany.

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KKR plans to offer a cash consideration of 17.50 euros per Encavis share, representing a 54% premium. The offer aims to boost growth and is projected to close in Q4 of 2024.

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Encavis

Encavis (OTC:ENCVF) Stock, Quote.Headers.trade-ideas

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