Brief: Channel Infrastructure NZ Enters Into A Conditional Project Development Agreement

Channel Infrastructure NZ

01/10/2024 02:37

Oct 1 (Reuters) - Channel Infrastructure NZ Ltd
 CHI.NZ :
    * ENTERED INTO A CONDITIONAL PROJECT DEVELOPMENT AGREEMENT
WITH
SEADRA ENERGY
    * AGREEMENT TO DEVELOP A BIOREFINERY AT CHANNEL'S MARSDEN
POINT
SITE
    * ANTICIPATED PROPOSED BIOREFINERY PROJECT WOULD UTILISE
SOME OF
CHANNEL'S DECOMMISSIONED REFINERY ASSETS
    * IF PROJECT PROCEEDS, WOULD SELL ADDITIONAL DECOMMISSIONED
REFINERY ASSETS TO SEADRA FOR $23M


Further company coverage:  CHI.NZ 

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