Brief: 68 MW Wind Power Agreement between Eolus and Commerz Real Has Been Terminated By Commerz Real

Eolus AB (publ)

17/10/2021 21:22

Oct 17 (Reuters) - Eolus Vind AB (publ)  EOLUb.ST :
    * REG-68 MW WIND POWER AGREEMENT HAS BEEN TERMINATED BY
COMMERZ
REAL
    * EOLUS- ORDER BACKLOG WILL DECREASE WITH AMOUNT OF EUR 82.5
MLN
AND SIGNED CONTRACTS FOR FUTURE ASSET MANAGEMENT SERVICES WILL
DECREASE BY 68 MW
    * EOLUS VIND AB (PUBL) - EOLUS WILL PAY A TERMINATION FEE OF
200,000 EUR TO INVESTOR COMMERZ REAL
    * COMMERZ REAL HAS TERMINATED SHARE PURCHASE AGREEMENT DUE
TO
CONDITIONS FOR TRANSACTION NOT BEING FULFILLED
    * EOLUS VIND AB (PUBL) - NO REVENUES FROM AGREEMENT HAVE
BEEN
RECOGNIZED IN EOLUS' FINANCIAL REPORTS
    * EOLUS WILL IMMEDIATELY RESTART SALES PROCESS FOR THREE
PROJECTS
LOCATED IN SOUTHERN SWEDEN

Source text for Eikon:  ID:nGNEc2ZX7v 
Further company coverage:  EOLUb.ST 

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