EnergyWatch

Legal cases threaten value of listed solar energy company

Norwegian investment company EAM Solar is heavily burdened by legal fees for several cases in Italy. The Italian market comprises a large portion of the company's value, the firm's just published quarterly report shows.

The outcome of a series of legal cases may be decisive for the future of Olso-listed investment company EAM Solar, which owns and operates solar farms, shows the company's Q2 interim report published today, Wednesday. The report shows that the company is heavily burdened by legal fees for cases in which the firm is involved.

The company writes in the interim report that its acquisition of assets involved in the legal cases "... has transformed EAM from an operational Solar PV YieldCo to a company where a significant part of the future value is decided by the outcome of various legal actions and litigation procedures."

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs