Brief: Ependion Signs Multi-Million Contract With Electricity Operator

Ependion AB

12/09/2023 07:11

Sept 12 (Reuters) - Ependion AB  EPEND.ST :
    * SIGNS MULTI-MILLION CONTRACT IN ENERGY
    * BUSINESS ENTITY WESTERMO IS SET TO DELIVER SUBSTATION CONNECTIVITY FROM ITS IRISH
SUBSIDIARY FOR
A MAJOR EUROPEAN ELECTRICITY OPERATOR
    * INITIAL ORDER OF ABOUT SEK 28 MILLION CORRESPONDS TO LESS THAN A THIRD OF POTENTIAL VOLUME
OF
MERLIN ROUTERS COVERED BY FRAMEWORK AGREEMENT
    * ROLLOUT WILL TAKE PLACE OVER A THREE-YEAR PERIOD EXPECTED TO BEGIN IN 2024

Source text for Eikon:  ID:nWkrbQt696 
Further company coverage:  EPEND.ST 

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