Brief: Gigasun Signs Order In China, To Generate SEK 108 Mln

Gigasun AB (publ)

03/06/2024 12:54

June 3 (Reuters) - Gigasun AB (publ)  GIGAS.ST :
    * SIGNS AN ORDER IN CHINA THAT GENERATES A TOTAL OF APPROX.
SEK
108 MILLION DURING THE CONTRACT PERIOD
    * IS ESTIMATED TO PROVIDE ANNUAL REVENUES FROM ELECTRICITY
SALES
OF APPROX. 5.4 MSEK
    * PLANT WILL BE OWNED BY GIGASUN'S WHOLLY-OWNED SUBSIDIARY
IN
CHINA
    * INVESTMENT AMOUNTS TO APPROX. SEK 49 MILLION AND
CONSTRUCTION IS
PLANNED TO START IN Q4 OF 2024

Source text for Eikon:  ID:nMFN4f4YJP 
Further company coverage:  GIGAS.ST 

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