Brief: Enertronica Signs Commercial JV With PowerChina For International EPC Activities

Enertronica Santerno SpA

06/12/2018 07:26

Dec 6 (Reuters) - Enertronica SpA  ENER.MI :
    * SAID ON WEDNESDAY THAT IT SIGNED COMMERCIAL JOINT VENTURE
AGREEMENT WITH POWER CONSTRUCTION CORPORATION OF CHINA
 601669.SS  (POWERCHINA) FOR PARTICIPATION IN AN INTERNATIONAL
TENDER 
    * THE TENDER CONCERNS TURNKEY CONSTRUCTION OF A PHOTOVOLTAIC
PLANT
IN LATIN AMERICA OF AROUND 200MW
    * THE TENDER UNDER THE JV SHOULD BE AWARDED, FOR AN
INDICATIVE
AMOUNT OF OVER USD 120 MILLION, IN THE COURSE OF 2019
    * THE AGREEMENT PROVIDES THAT AROUND 30 PCT OF ACTIVITIES
AND
SUPPLIES, INCLUDING ENGINEERING, PROJECT MANAGEMENT AND SUPPLY
OF INVERTERS, ARE RESPONSIBILITY OF ENERTRONICA 
    * UNDER THE CONTRACT POWERCHINA WILL BE RESPONSIBLE FOR
SUPPLYING
REMAINING COMPONENTS, INCLUDING PHOTOVOLTAIC MODULES, AS WELL AS
WHOLE FINANCIAL STRUCTURE OF THE OPERATION

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAbbzXFz
    
 Further company coverage:  ENER.MI  
   


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