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Etrion

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

The Company owns 139 MW of installed solar capacity in Italy, Chile and Japan. Etrion also has a 25 MW of solar project under construction in Japan and is actively developing greenfield solar power projects in Japan and Chile.

Etrion's strategy is focused on:

  • Geographic Diversity Entering new regions with high electricity prices, large energy demand and abundant renewable resources or strong mandates to diversify energy mix with attractive government incentives;
  • Contract Regime Diversity Complementing Feed-in-Tariff (FiT) revenues with long-term PPAs or merchant revenues;
  • Yield Preparing the company to pay dividends to shareholders; and
  • Growth Building a large pipeline of renewable energy development projects through key partnerships

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

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