Brief: Novavis Group Signs Letter Of Intent With GreenOZE On PV Projects

Novavis SA

26/11/2021 17:26

Nov 26 (Reuters) - Novavis Group SA  NVGP.WA :
    * SAYS SIGNS LETTER OF INTENT WITH  GREENOZE HOLGING
    * SAYS ALSO SIGNS DEAL TO SELL STAKE IN UNITS NG PV 1, 2, 3,
4
    * SAYS GREENOZE BUYS 58% STAKE IN EACH UNIT AT 100 ZLOTYSPER
SHARE
    * SAYS GREENOZE TO COVER COSTS TO DATE AND FUTURE COSTS OF
DEVELOPING PV PROJECTS BY ALLOCATING TOTAL 6.1 MILLION ZLOTYS
    * SAYS IF NONE OF PROJECTS REACHES READY-TO-BUILD STAGE BY
2025
COMPANY WILL RETURN 42% OF COSTS INCURRED FOR FINANCING PROJECTS
TO GREENOZE

Source text for Eikon:  ID:nEM9d0GNqa 
Further company coverage:  NVGP.WA 

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