By Mauro Orru
Credit Agricole SA said Friday that its subsidiary Credit Agricole Assurances reached an agreement with Italian infrastructure fund F2i SGR to acquire a stake in EF Solare.
The subsidiary of the French lender is acquiring a 30% stake in the photovoltaic energy operator, with F2i SGR retaining 70%.
Credit Agricole Assurances is acquiring the stake in association with its own subsidiary Credit Agricole Vita.
The value of the deal wasn't disclosed.
Write to Mauro Orru at email@example.com; @MauroOrru94
(END) Dow Jones Newswires
January 08, 2021 12:35 ET (17:35 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.