Brief: Cambi Unit Grønn Vekst Awarded Biosolids Handling Contract

Cambi ASA

12/05/2023 14:52

May 12 (Reuters) - Cambi ASA  CAMBI.OL :
    * GRØNN VEKST AWARDED BIOSOLIDS HANDLINGCONTRACTIN TRONDHEIM
    * GRØNN VEKST, RECYCLING SUBSEGMENT OF CAMBI INVEST, HAS BEEN AWARDED A CONTRACT FOR
BIOSOLIDS
MANAGEMENT BY MUNICIPALITY OF TRONDHEIM, NORWAY
    * FOLLOWING STANDARD PUBLIC PROCUREMENT PROCEDURES, CONTRACT IS EXPECTED TO BE SIGNED AFTER
NOTICE
PERIOD EXPIRING 23 MAY (NORWEGIAN 'KARENSTID')
    * NEW CONTRACT HAS AN ESTIMATED VALUE OF NOK 16 MILLION PER YEAR
    * ITS FIRM DURATION IS 3.5 YEARS WITH OPTIONS TO EXTEND UP TO A TOTAL OF 7.5 YEARS
    * TOTAL ESTIMATED CONTRACT VALUE, INCLUDING OPTIONS, IS UP TO NOK 120 MILLION
    * START DATE IS SET FOR 1 JUNE 2023

Source text for Eikon:  ID:nObi1sV1pa 
Further company coverage:  CAMBI.OL 

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