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Etrion

From Wikipedia, the free encyclopedia
Etrion Corporation
Company typePublicly traded
Nasdaq StockholmETX, TSX: ETX
IndustryRenewable Energy
Founded2008
HeadquartersMiami, Florida, United States
Key people
Ashley Heppenstall (Chairman), Marco A. Northland (Chief Executive Officer and Director), Christian Lacueva (Chief Financial Officer), Ian H. Lundin (Director), Aksel Azrac (Director)
RevenueUS $49.6 million (2014)
Total assetsUS $668.1 million (2014)
Total equityUS $32.9 million (2014)
WebsiteEtrion [1]

Etrion Corporation is an independent power producer ("IPP") that develops, builds, owns and operates utility-scale solar power generation plants.

The Company owns 114 megawatts (MW) of installed solar capacity in Chile and Japan. Etrion has 57 MW of solar projects under construction in Japan and is also actively developing additional greenfield solar power projects in Japan. Etrion has been active in Japan since 2012.

Etrion is listed on the Toronto Stock Exchange [2] in Canada and the NASDAQ OMX Stockholm exchange in Sweden[1] under the ticker symbol "ETX". The Company is based in Miami, Florida, USA and has offices in Geneva, Switzerland and Tokyo, Japan.

Etrion's major shareholders are the Lundin family [3] (24.3%) and other directors and management (6.7%).

Throughout 2021, the company sold its assets[2] and then in September delisted from the Toronto Stock Exchange.[3]

References

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  1. ^ Green Equity Designation Nasdaq
  2. ^ "Etrion Announces Return of Capital Following Sale of Assets" (Press release). GlobeNewswire. August 5, 2021.
  3. ^ "Etrion has applied for delisting of its shares from TSX and intends to apply for delisting of its shares from Nasdaq Stockholm" (Press release). GlobeNewswire. September 1, 2021.