ContourGlobal plc (the "Company"), in partnership with Energy Infrastructure Partners AG ("EIP") announced that it has completed the acquisition of Green Hunter Group S.p.A., a portfolio of Solar Photovoltaic assets totalling 18 MW located in Italy. It was signed on June 4, 2021 and completed on 23 November for ?45.6 million on a debt free, cash free basis. Following completion, the Company and EIP own 51% and 49% respectively of the acquired entity. The Acquired Assets will contribute approximately ?8 million of Adjusted EBITDA on an annual basis. The transaction is part of operationally led solar strategy in Italy with long-time partner EIP and it will increase installed solar capacity in the Italian market by approximately 24%. The company continue to see a strong pipeline of further opportunities in Italy with EIP.