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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| BlackRock Inc | NYSE:BLK | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 6.91 | 0.91% | 763.91 | 771.55 | 762.70 | 765.70 | 558,117 | 01:00:00 |
From May 2019 to May 2024
LONDON--Renewable Energy Generation Ltd. (WIND.LN) said Friday that it has sold two wind farm projects to a fund managed by BlackRock (BLK) for a 36 million pounds ($58.19 million).
The renewable energy company has sold its 10 megawatt St.Breock and 8 megawatt Ramsey II wind farm projects.
Under the agreement, BlackRock will assume project debts of GBP21 million and the company will receive up-front cash consideration of GBP13.1 million, with a further GBP1.9 million payable following commissioning of the projects in 2015.
Renewable Energy intends to re-invest the sale proceeds into its portfolio of projects.
Shares of Renewable Energy at 0703 GMT flat at 67 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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