Scirocco Energy has successfully finalized the sale of its biomass group EAG for a sum of £2.6 million.
Scirocco Energy plc has successfully sold its interest and investment in the biomass group, EAG. The company’s 50% interest was acquired by private equity firm OrbeNovo Capital for a gross enterprise value of £2.6 million (€3 million) before adjustments, with a potential additional payment of up to £150,000 (€175k) contingent on EAG’s acquisition of specific […]