LNEnergy Ltd has entered into a binding purchase and sale agreement (PSA) to acquire the entire outstanding issued share capital of LNEnergy S.r.l. for a total consideration of US$11m plus a 4% net profits interest. The PSA replaces the previously announced agreement LN Energy Ltd had with LNEnergy S.r.l, which was due to expire on 1 April 2025. LN Energy Ltd is the manager and owner of a 20% interest in LN Energy S.r.l, the Italian company that has a 90% interest in, and is seeking regulatory a ....
