Brief: Leclanché Provides Battery Energy Storage System For Largest Solar And Storage Project In The Caribbean, Construction Starting In 2024

Leclanche SA

04/12/2023 01:04

Dec 3 (Reuters) - Leclanche SA  LECN.S :
    * LECLANCHÉ PROVIDES BATTERY ENERGY STORAGE SYSTEM FOR
LARGEST
SOLAR AND STORAGE PROJECT IN THE CARIBBEAN, CONSTRUCTION
STARTING IN 2024
    * LECLANCHE - GOVERNMENT OF ST. KITTS AND NEVIS ALONG WITH
ST.
KITTS ELECTRICITY CO  EXECUTED AMENDED POWER PURCHASE AGREEMENT
ALLOWING CONSTRUCTION TO START IN Q2 OF 2024
    * FINANCIAL IMPACT OF THIS IN 2023 IS POISED TO ENHANCE
LECLANCHÉ'S OVERALL FINANCIAL PERFORMANCE
    * ACHIEVEMENT TRIGGERS A POSITIVE IMPACT ON LECLANCHÉ'S 2023
NET
INCOME THROUGH REVERSAL OF IMPAIRMENT PROVISIONS
    * INSTALLATION OF PROJECT TO OVER 200 JOBS DURING
CONSTRUCTION FOR
BOTH SKILLED AND UNSKILLED LABOUR

Source text for Eikon:  ID:nEQ5ncwFwa 
Further company coverage:  LECN.S 

 ((Reuters.Briefs@thomsonreuters.com;))