Brief: Azelio Signs Conditional Order With Engazaat Development S.A.E In Egypt

Azelio AB

19/08/2021 06:08

Aug 19 (Reuters) - Azelio AB  AZELIO.ST :
    * AZELIO SIGNS CONDITIONAL ORDER WITH ENGAZAAT DEVELOPMENT
S.A.E
IN EGYPT FOR 20 ENERGY STORAGE UNITS
    * ORDER IS VALUED AT APPROXIMATELY USD 1.5 MILLION, AND IT
IS
ESTIMATED THAT DELIVERY WILL TAKE PLACE IN DECEMBER 2021
    * ORDER IS CONDITIONAL ON, APART FROM CUSTOMARY PROJECT
ITEMS,
ONGOING TECHNO-ECONOMIC FEASIBILITY STUDY FOR THIS SPECIFIC
PROJECT.

Source text for Eikon:  ID:nWkr1RFK2Q 
Further company coverage:  AZELIO.ST 

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