Brief: Azelio Sets Up Commercial Project In Sub-Saharan Africa

Azelio AB

09/10/2019 11:34

Oct 9 (Reuters) - Azelio AB  AZELIO.ST :
    * AZELIO SETS UP COMMERCIAL PROJECT IN SUB-SAHARAN AFRICA
    * 50 KWE PLANT IS PLANNED TO BECOME OPERATIONAL IN Q3 2020
    * TWO POTENTIAL SITES ARE UNDER EVALUATION FOR PROJECT, ONE
IN
GHANA AND ONE IN TOGO
    * SIGNING OF MOU TOOK PLACE TODAY, OCTOBER 9
    * PARTIES WILL NEGOTIATE FINAL COMMERCIAL TERMS AFTER HAVING
CHOSEN PROJECT SITES
    * PROJECT'S OBJECTIVE IS TO DEMONSTRATE AZELIO'S TECHNOLOGY
IN A
REAL-WORLD COMMERCIAL SET-UP, TO PAVE WAY FOR BROADER
IMPLEMENTATION IN REGION TOGETHER WITH STELLA FUTURA

Source text for Eikon:  ID:nWkr2WqCDh 
Further company coverage:  AZELIO.ST 

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