Under
the
complicated
transaction,
the
shareholders
of
privately-owned
Electrawinds
will
receive
€14.6m
($19.2m)
in
cash
and
up
to
39.9
million
shares
of
ECT,
with
the
new
company
to
be
named
Electrawinds
SE.
The
deal
would
give
the
new
company
a
value
of
approximately
€750m
and
a
berth
on
the
Frankfurt
exchange,
with
76.2%
of
the
shares
to
be
allocated
to
Electrawinds’
existing
owners,
and
the
remainder
given
to
the
sponsors
of
ECT.
Electrawinds,
which
has
more
than
250MW
of
installed
renewables
capacity,
is
largely
owned
by
French
asset-management
company
Demeter
Partners
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