Hitachi Energy exercises option to buy Logistri’s Ludvika properties
Bitget2026/10/29 05:02- Hitachi Energy exercised its option to acquire Logistri’s Ludvika project properties at an agreed value of approximately SEK 1.38 billion.
- A share purchase agreement is due in Q4 2026, with closing expected upon project completion on April 12, 2027.
- The seller expects approximately SEK 120 million in project profit, with net proceeds estimated at SEK 683 million.
- Development partner Torngrund is expected to receive approximately 5,300,000 Logistri B shares at a subscription price of SEK 16.5 per share.
- The transaction is expected to provide acquisition capacity of approximately SEK 1.6 billion, including additional debt financing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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