Brief: Eolus Vind: Agreement On 68 MW Wind Power Terminated By Commerz Real

Eolus AB (publ)

18/10/2021 06:52

Oct 18 (Reuters) - Eolus Vind AB (publ)  EOLUb.ST :
    * AGREEMENT ON 68 MW WIND POWER HAS BEEN TERMINATED BY
COMMERZ
REAL
    * AS A CONSEQUENCE OF TERMINATED AGREEMENT, EOLUS' ORDER
BACKLOG
WILL DECREASE BY EUR 82.5 MILLION
    * EOLUS WILL PAY A TERMINATION FEE TO THE INVESTOR COMMERZ
REAL OF
EUR 200,000
    * NO INCOME FOR THE AGREEMENT HAS BEEN REPORTED IN EOLUS'
FINANCIAL REPORTS
    * INVESTOR COMMERZ REAL TERMINATES SHARE TRANSFER AGREEMENT
AS
TERMS OF TRANSACTION HAVE NOT BEEN MET

Source text for Eikon:  ID:nBQN1pYHmr 
Further company coverage:  EOLUb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))