The Paper and Detergents Company Completes €500,000 Investment in Photovoltaic Systems.

The deal is Masdar’s latest involvement in the southern European power space, following its €3.2 billion (US$3.4 billion) acquisition of Greek power company Terna Energy.

The total consideration for the purchase of the office portfolio amounted to €69.19 million.

BriQ's existing shareholders will hold 79.7% and ICI shareholders 20.3% of the share capital, while the Company will maintain its 41.3% free float.

Eurobank, in partnership with AFI, has disbursed 650 microloans, amounting to approximately €7 million.

The property value of the acquisitions amounts to c. €24.1m.

All projects (Grijota III, IV and V) are expected to deliver more than 307 GWh of renewable energy per year.

The 16,570 m² facility, fully leased for 20 years, underscores the ACSEL fund's commitment to expanding its portfolio of sustainable logistics assets in Southern Europe.

The building is currently let on a short-term basis, at an annual rent of c.£5.2 million with vacant possession expected in Q1 2025.