Vinci Concessions is nearing completion of its acquisition of Helios, a Swedish specialist in the development of solar photovoltaic power plants and battery energy storage systems, according to a financial notice published on Thursday.

Completion of the transaction was conditional on obtaining the green light from the Swedish Foreign Investment Authority (FDI), an approval which has now been obtained, paving the way for finalization of the acquisition.

Initially announced on May 29, the transaction is therefore expected to close by the end of July.

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