BRIEF-Grenergy Renovables sells solar plants in Spain; retakes control of 40 MW farm in Chile
Jan 25 (Reuters) - Grenergy Renovables SA :
* Closes sale of two solar plants in Spain of 4MW for 11.6 million euros ($12.6 million)
* Says all proceeds from the operation to be used to accelerate development in Latin America
* Says it has retaken control of Lagunillas farm of 40 MW in Chile due to the fact that an investor breached sale contract conditions
* Says it will keep 100 percent ownership of the project as well as 30 percent of advance payment made by the buyer Source text: bit.ly/1PxH2XK
Further company coverage: ($1 = 0.9234 euros) (Gdynia Newsroom)
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