Revoil: Total RES in Rev Energy subsidiary

The collection of all Renewable Energy Sources ( ) in the newly created Rev Energy, according to today’s (31.12.2024) announcement of the company. In particular, the communication states: “The REVOIL Company S.A.P. announces, following a decision by the Board of Directors, that it has proceeded to set up a new company called REV ENERGY GROUP MONOPERATIVE ANNOUNCEMENT COMPANY. This company operates as a holding company and includes the total participations of the parent REVOIL in the Renewable Energy Sector. CORVERSE The share capital of the new company is set at 8,698.810.00 euros, which is fully paid up on the recommendation. The share capital corresponds to 6,00 euros in cash and 8,698,804,00 euros in kind contributions, the total value of which was assessed by the auditing company COMPASS Orchestrators and Business Advisors pursuant to Article 17 of Law 4548/2018. With the establishment of REV ENERGY GROUP in which the parent REVOIL participates 100%, the Group’s activities are concentrated in the area of S.A. under common cover”.