Brief: Co2 Capsol Unit Receives Contract For Two Firm 6-Month Demonstration Campaigns

Capsol Technologies ASA

08/11/2022 11:03

Nov 8 (Reuters) - Co2 Capsol AS  CAPSL.OL :
    * SECOND CAPSOLGOTM UNIT CONTRACTED FOR TWO FIRM 6-MONTH
DEMONSTRATION CAMPAIGNS IN GERMANY
    * CO2 CAPSOL HAS SIGNED A 12-MONTH CONTRACT FOR DELIVERY OF
TWO
CAPSOLGOTM DEMONSTRATION CAMPAIGNS
    * DEMONSTRATION CAMPAIGNS WILL BE EXECUTED IN GERMANY, WITH
OPERATIONAL START EARLY 2023, AND WILL TEST CO2-CAPTURING OF
FLUE GAS STREAMS OF BOTH PLANTS
    * CONTRACT WILL ENSURE 12 MONTHS OF FULL-TIME EMPLOYMENT FOR
ONE
CAPSOLGOTM UNIT AND INCLUDES OPTION FOR AN EXTENSION PERIOD
    * CONTRACT WILL DELIVER REVENUE FROM Q1 2023, AND COMMERCIAL
TERMS
ARE IN LINE WITH CO2 CAPSOL'S EXPECTATIONS FOR THIS TYPE OF
PROJECT

Source text for Eikon:  ID:nObi3fzT5a 
Further company coverage:  CAPSL.OL 
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