Brief: Ecoslops, Parlym Partner To Accelerate Deployment of Scarabox In Africa
05/04/2023 17:31
April 5 (Reuters) - Ecoslops SA ALESA.PA :
* HAS ENTERED INTO PARTNERSHIP WITH PARLYM COVERING 25
COUNTRIES
TO ACCELERATE DEPLOYMENT OF SCARABOX® ON AFRICAN CONTINENT
* AGREEMENT WILL TAKE FORM OF A JOINT VENTURE (PARLYM
80%/ECOSLOPS
20%) WHICH PURPOSE BE TO INVEST WITH A MAJORITY STAKE IN LOCAL
PROJECTS CO-DEVELOPED AND FINANCED BY TWO PARTNERS
* PARLYM WILL TAKE, ALONGSIDE ECOSLOPS, A MINORITY STAKE IN
VALTECH ENERGY IN CAMEROON (FIRST CLIENT OF SCARABOX®)
* TWO PARTNERS ALSO AIM TO MAKE A SECOND INVESTMENT IN 2023
IN
IVORY COAST, ONCE REGULATORY APPROVALS WILL HAVE BEEN OBTAINED
Source text for Eikon: ID:nGNE3L9Vzz
Further company coverage: ALESA.PA
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