Brief: Mota Engil Signs Contract For Trading And Sale Of Carbon Credits
Jan 29 (Reuters) - Mota Engil SGPS SA MOTA.LS: ENTERS INTO AN EXCLUSIVE CONTRACT FOR THE TRADING AND SALE OF CARBON CREDITS WITH TRAFIGURA PTE LTD. CONTRACT ALSO PROVIDES FOR INITIAL PAYMENT OF UP TO $100 MILLION, OF WHICH 50% WILL BE PAID UPON SIGNING CONTRACT WITH DURATION OF 40 YEARS, COVERS A PORTFOLIO OF 14 FORESTS LOCATED IN MALAWI Source text: https://tinyurl.com/yj3cnsd9 Further company coverage: MOTA.LS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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