A2A leaves Montenegro. The Italian company today notified the Government of the Balkan country of the exercise of the put option provided for by the shareholders' agreements for the management of the company Elektroprivreda Crne Gore AD Niksic (Epcg), of which it holds 41,7 percent.
The Put Option, specifies a note from A2A, concerns the sale of the entire share package held in Epcg at the price of 250 million euros, payable in seven annual installments starting from May 2018, XNUMX.
The Lombard multi-utility entered the capital of the Montenegrin electricity producer in 2009 with an investment of 436 million for a 43,7% stake, later reduced to the current 41,7%.
