Suncor Focuses on Hydrogen & Renewable Fuels - Sells Wind & Solar Assets
- Oct 6, 2022 4:05 pm GMT
Suncor has reached an agreement to sell its wind and solar assets for
“Divesting of these wind and solar assets further streamlines our portfolio so that we can concentrate our efforts on our core business,” said
The sale includes interest in Magrath,
The transaction is expected to close in the first quarter of 2023 and is subject to customary closing conditions, including applicable third-party regulatory reviews and approvals. The purchase price is subject to closing adjustments typical of transactions of this nature.
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