Etrion Completes Sale of the 9.5 MW Misawa Solar Project to Japanese Consortium for JPY 1.5 billion cash consideration
July 28, 2021, Geneva, Switzerland – Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that it has completed the sale of its interests in the Company’s 9.5 MW Misawa operating solar energy project to a Japanese company, GK Misawa Solar, for gross proceeds of JPY 1.5 billion (or USD 13.6 million). Management Comments Marco A. Northland, Etrion’s Chief Executive Officer, commented: “The sale of the 9.5 MW Misawa solar project represents the final step in completing the sale of all of Etrion’s Japanese solar projects