reports
Delisting of the common shares of Etrion: last day of trading 4 Januar...
Delisting of the common shares of Etrion: last day of trading 4 January 2022 GENEVA, Switzerland, Dec. 20, 2021 (GLOBE NEWSWIRE) -- In accordance with Nasdaq Stockholm AB’s decision, following application from the board of directors of Etrion Corporation (“Etrion” or the “Company”) (OMX: ETX), the common shares of Etrion Corporation will be delisted from Nasdaq Stockholm. The last day of trading is on 4 January 2022. About Etrion The Company is listed on the Nasdaq Stockholm exchange in Sweden under ticker symbol “ETX”. Etrion’s largest shareholder is the Lundin family, which owns appro...
Etrion has applied for delisting of its shares from Nasdaq Stockholm
Etrion has applied for delisting of its shares from Nasdaq Stockholm GENEVA, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (OMX: ETX) has, in line with what has been previously announced in a press release on September 1st, 2021, applied for delisting of the Company's common shares from Nasdaq Stockholm due to the sale of all of the Company's solar assets and the return of capital to shareholders that was completed on August 24, 2021, and in order to minimize the costs and management time associated with the listing of the Company's common shares on Nasd...
Etrion Board Update
Etrion Board Update GENEVA, Nov. 26, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (OMX: ETX) announces that following the recent sale of all the Company’s solar assets and the return of capital to shareholders, Henrika Frykman will be stepping down from the Board of Directors effective November 30th, 2021. Aksel Azrak, Chairman of the Board, commented, “On behalf of the Board members I want to take this opportunity to thank Henrika for her invaluable leadership and contributions as a board member for the past three years.” About Etrion The Company is listed o...
Etrion Releases Third Quarter 2021 Results
Etrion Releases Third Quarter 2021 Results GENEVA, Switzerland, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”, and, together with its subsidiaries, the “Group”) (OMX: ETX) released today its condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30, 2021. Q3-21 HIGHLIGHTS Corporate On July 28, 2021, the Company completed the sale of its TK interests in the 9.5 MW Misawa energy project to the Consortium, for gross proceeds of JPY 1.5 billion (approximate...
Etrion has applied for delisting of its shares from TSX and intends to...
Etrion has applied for delisting of its shares from TSX and intends to apply for delisting of its shares from Nasdaq Stockholm GENEVA, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX) announces that further to the recent sale of substantially all of the Company’s assets and the return of capital to shareholders that was completed on August 24, 2021, and in order to minimize the costs and management time associated with the listing of the Corporation’s common shares (the “Common Shares”) on the Toronto Stock Exchange (the “TSX”) and Na...
Etrion Releases Second Quarter 2021 Results
Etrion Releases Second Quarter 2021 Results GENEVA, Switzerland, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”, and, together with its subsidiaries, the “Group”) (TSX: ETX) (OMX: ETX) released today its condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and six months ended June 30, 2021. Q2-21 HIGHLIGHTS Corporate On May 31, 2021, the Company completed the sale of its interests in the 45 MW Niigata solar project to a consortium led by Renewable Japan Co. L...
Etrion Announces Return of Capital Following Sale of Assets
Etrion Announces Return of Capital Following Sale of Assets GENEVA, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX) is pleased to announce that further to the recent completion of the sale of substantially all of the Company’s assets, the Company’s board of directors has declared an initial distribution to shareholders of US$0.327 per common share. The distribution will be made as a return of capital to shareholders of record at the close of business on August 17, 2021, and the capital of the common shares will be reduced accordingly....
Etrion Completes Sale of the 9.5 MW Misawa Solar Project to Japanese C...
Etrion Completes Sale of the 9.5 MW Misawa Solar Project to Japanese Consortium for JPY 1.5 billion cash consideration GENEVA, Switzerland, July 28, 2021 (GLOBE NEWSWIRE) -- 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: ...
Etrion Completes Sale for JPY 8.252 billion of Three Japanese Operatin...
Etrion Completes Sale for JPY 8.252 billion of Three Japanese Operating Solar Projects to Japanese Consortium GENEVA, June 22, 2021 (GLOBE NEWSWIRE) -- 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 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito operating solar energy projects (collectively the “3 Projects”) to companies established by Development Bank of Japan Inc., Kansai Electric Power Co., Inc. and Osaka Gas Co., Ltd. (collectively the “Cons...
Etrion Announces Agreement to Sell the 9.5 MW Misawa Solar Project to ...
Etrion Announces Agreement to Sell the 9.5 MW Misawa Solar Project to Japanese Consortium for Total Cash Consideration of approximately JPY 1.6 billion GENEVA, June 03, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that Solar Resources Holding Sàrl and Etrion Japan K.K., wholly-owned subsidiaries of the Company, have entered into agreements (the “Transfer Agreements)” to sell their interests in the Company’s 9.5 MW Misawa operating solar energy project to a Japanese company, GK Misawa Sol...
Etrion Completes Sale of Niigata Solar Project
Etrion Completes Sale of Niigata Solar Project GENEVA, May 31, 2021 (GLOBE NEWSWIRE) -- 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, tog...
Etrion Announces Results of Annual and Special General Meeting
Etrion Announces Results of Annual and Special General Meeting GENEVA, May 27, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX/OMX: ETX), a solar independent power producer, held its 2021 Annual and Special General Meeting of Shareholders virtually on May 27, 2021. The nominees listed in the management information circular were elected as directors of the Company. Detailed results of the vote for the election of directors based on proxies received are set out below: NomineeVotes For% ForVotes Withheld% WithheldMarco Antonio Northland255,988,92599.89%277,...
Etrion Releases First Quarter 2021 Results
Etrion Releases First Quarter 2021 Results GENEVA, Switzerland, May 07, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”, and, together with its subsidiaries, the “Group”) (TSX: ETX) (OMX: ETX), a solar independent power producer, released today its condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2021. Q1-21 HIGHLIGHTS Corporate On March 31, 2021, subsidiaries of the Company signed the first formal agreements to sell their interests in the Company’s 13.2 ...
Etrion to Release First Quarter 2021 Results on May 7, 2021
Etrion to Release First Quarter 2021 Results on May 7, 2021 GENEVA, Switzerland, May 04, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, will release its first quarter 2021 results before the market opens on Friday, May 7, 2021. The Company’s condensed consolidated interim financial statements for the three months ended March 31, 2021, as well as the related documents, will be available on the Company’s website () About Etrion Etrion Corporation is an independent power producer that develops, builds, own...
Etrion Announces Mailing of Materials for Annual and Special Meeting o...
Etrion Announces Mailing of Materials for Annual and Special Meeting of Shareholders and Plans Following Completion of Sale of Assets GENEVA, Switzerland, April 16, 2021 (GLOBE NEWSWIRE) -- Further to its press releases of March 31 and April 9, 2021, Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, is pleased to announce that it will be mailing next Wednesday the Management Information Circular (the “Circular”) and related meeting materials for an annual and special meeting of shareholders (“Shareholders”) to be held on May 27, 2021...
Etrion Announces Agreement to Sell Niigata Solar Project to Japanese C...
Etrion Announces Agreement to Sell Niigata Solar Project to Japanese Consortium for Total Cash Consideration of approximately JPY 6.3 billion GENEVA, Switzerland, April 09, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announces that Solar Resources Holding Sàrl (“SRH”), Etrion Services (Japan) K.K. (“ESJKK”) and Etrion (Japan) K.K. (“EJKK”), wholly-owned subsidiaries of the Company, have entered into agreements (the “Transfer Agreements)”) to sell their interests in the Company’s 45 MW Niigata sola...
Etrion Announces Agreement to Sell Three Japanese Operating Solar Proj...
Etrion Announces Agreement to Sell Three Japanese Operating Solar Projects to Japanese Consortium for Total Cash Consideration of approximately JPY 8.252 billion GENEVA, Switzerland, March 31, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that Solar Resources Holding Sàrl and Etrion Japan K.K., wholly-owned subsidiaries of the Company, have entered into agreements (the “Transfer Agreements”) to sell their interests in the Company’s 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito opera...
Etrion Releases 2020 Results
Etrion Releases 2020 Results GENEVA, March 12, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, released today its annual consolidated financial statements, related management’s discussion and analysis (“MD&A”) and annual information form (“AIF”) for the year ended December 31, 2020. 2020 HIGHLIGHTS Corporate The Company engaged Mitsubishi UFJ Morgan Stanley Securities Co., Ltd ("MUMSS") in summer of 2020 as financial advisor to assist with the potential sale of the Japanese solar assets. During the third...
Etrion to Release 2020 Results
Etrion to Release 2020 Results GENEVA, Switzerland, March 10, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, will release its fourth quarter and year end 2020 results after the market closes on Friday, March 12, 2021. Operations and Finance Update call A conference call webcast to present the Company’s 2020 Operations and Finance update will be held on Monday, March 15, 2021, at 11:00 a.m. Eastern Standard Time (EST) / 4:00 p.m. Central European Time (CET). Dial-in details: Conference ID: 2598191North ...
Etrion Corporation redeems EUR 40 million of outstanding Corporate Bon...
Etrion Corporation redeems EUR 40 million of outstanding Corporate Bonds ISIN N00010823958 – Etrion Corporation Senior Secured Bond Issue 2018/2021 GENEVA, Switzerland, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, announces that it has today successfully redeemed the EUR 40 million of outstanding Corporate Bonds, in full and at a redemption price of 100.725% of the face value plus accrued and unpaid interest. About Etrion Etrion Corporation is an independent power producer that develops,...
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