Brief: Norsk Solar Starts Constructing Solar Project In Brazil

Norsk Renewables AS

29/09/2023 06:49

Sept 29 (Reuters) - Norsk Solar AS  NSOL.OL :
    * IS STARTING CONSTRUCTION OF SOLAR PROJECT ORGIO II IN
BRAZIL
    * IS EXCITED TO ANNOUNCE CONSTRUCTION START OF SECOND SOLAR
PROJECT IN BRAZIL WITH SIGNING OF ENGINEERING, PROCUREMENT AND
CONSTRUCTION (EPC) AGREEMENT AND A FINANCING AGREEMENT FOR
CONSTRUCTION OF 9 MW SOLAR PARK, ORIGO 2
    * PROJECT HAS A TOTAL CAPEX OF APPROXIMATELY MNOK 129 (MBRL
59) TO
BE FINANCED BY NORSK SOLAR AND MNOK 63 (MBRL 29) IN NON-RECOURSE
PROJECT DEBT BY VALORA INVEST

Source text for Eikon:  ID:nObidKRMLa 
Further company coverage:  NSOL.OL 

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