ATN Announces Sale of U.S. Solar Portfolio
ATN International, Inc. (ATNI)
Last atn international, inc. earnings: 4/29 04:45 pm
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US:NASDAQ Investor Relations:
ir.atni.com/investor-relations
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Source: GlobeNewswire
BEVERLY, Mass., Sept. 11, 2018 (GLOBE NEWSWIRE) -- ATN (NASDAQ: ATNI) announced today that its subsidiary Ahana Renewables, LLC (“Ahana”), has entered into an agreement to sell its distributed generation solar power systems in Massachusetts, California, and New Jersey to CleanCapital Holdco 4, LLC (“CleanCapital”), a financial technology investor in clean energy. Ahana owns and operates 28 commercial solar projects at 60 sites with an aggregate 46.9 megawatts of electricity generating capacity. The estimated total transaction value is $122 million, inclusive of debt assumption and subject to certain estimated post-closing adjustments. ATN purchased these assets on December 24, 2014 at a transaction value of $103 million. As of June 30, 2018, we estimate these assets have generated unlevered free cash flow (income from operations less capital expenditures) of $53 million. “We are pleased that CleanCapital has recognized the quality and value of these solar power facilities develop
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- CORRECTING and REPLACING -- ATN Board Declares Quarterly DividendGlobeNewswire
- ATN Board Declares Quarterly Dividend [Financial Post (Toronto, Ontario, Canada)]Financial Post
ATNI
Earnings
- 4/24/24 - Miss
ATNI
Sec Filings
- 4/25/24 - Form 8-K
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- ATNI's page on the SEC website