Qben Infra completes sale of Qben Real Estate Norway to Emercor
Bitget2026/11/01 08:21- Qben Infra completed the sale of all shares in Qben Real Estate Norway to Emercor, part of the Middelborg Group.
- Consideration totals up to NOK 100 million through a conditional earn-out tied to net cash proceeds from the existing project portfolio.
- The earn-out covers 30 months following completion, with no guaranteed payout.
- Emercor assumed project guarantee obligations previously provided by Qben Construction and the wider group.
- The divestment reduces financial commitments as the group focuses on power infrastructure.
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