Etrion Completes Sale of Niigata Solar Project
May 31, 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 45 MW Niigata solar project under construction to Renewable Japan Co. Ltd and Daiichi Life Insurance Company Limited for gross proceeds of JPY 6.3 billion (approximately US$ 57.3 million). Etrion anticipates completing the sale of its other Japanese solar projects in the coming weeks. The proceeds of such sales, together with the proceeds from the sale of the Niigata