Brief: Electricite De Strasbourg: Impairment Of Deep Geothermal Assets

Electricite de Strasbourg SA

15/12/2020 16:57

Dec 15 (Reuters) - ELECTRICITE DE STRASBOURG SA  EDSP.PA :
    * IMPAIRMENT OF DEEP GEOTHERMAL ASSETS
    * DECIDED TO WRITE DOWN ASSETS CONCERNED AT CLOSING OF 2020
ACCOUNTS FOR ESTIMATED AMOUNT OF EUR 30 MILLION
    * ABILITY TO RECOVER AMOUNTS ALREADY COMMITTED TO ILLKIRCH
PROJECT
IS CURRENTLY NOT ASSURED

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Further company coverage:  EDSP.PA 

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