Eneti gains on wind turbines installation contract

Eneti

20/12/2022 17:00

** Shares of renewable energy company Eneti Inc  NETI.N  up
5% at $9.60, their largest pct. gain in over a month
    ** On Monday after-market, co's unit, Seajacks UK Limited,
got a contract to transport and install wind turbines for a
project commencing in first half of 2025  urn:newsml:reuters.com:*:nGNX2NgR9s
    ** Co expects to generate about 60 million euros ($63.77
million) to 73 million euros of net revenue after project costs
it has forecast already
    ** Name of the client is not disclosed 
    ** NETI stocks rise 24.3% YTD,  including sessions gain 
($1 = 0.9408 euros)
 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))