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Stock impact report

ATN announces sale of U.S. solar portfolio [Seeking Alpha]

ATN International, Inc. (ATNI) 
Last atn international, inc. earnings: 4/29 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.atni.com/investor-relations
Company Research Source: Seeking Alpha
Ahana Renewables, a subsidiary of ATN (NASDAQ: ATNI ) entered into an agreement to sell its distributed generation solar power systems in Massachusetts, California, and New Jersey to CleanCapital Holdco 4, LLC, for the estimated total transaction value of $122M, 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 $53M. Source: Press Release Click to subscribe to real-time analytics on ATNI Now read: NTT Invests In Cloudian Financing For Storage Fabric Tech » Subscribe for full text news in your inbox Show less Read more
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