Brief: SeaTwirl Gets SEK 50.4 Mln Financing From Swedish Energy Agency

SeaTwirl AB (publ)

16/11/2022 07:08

Nov 16 (Reuters) - SeaTwirl AB  STWA.ST :
    * SAID ON TUESDAY SEATWIRL GETS SEK 50.4 MLN FINANCING FROM
THE
SWEDISH ENERGY AGENCY
    * AWARDED THE GRANT FOR ITS S2X PROJECT, THE 1 MW WIND
TURBINE
THAT WILL BE INSTALLED IN NORWAY
    * GRANT WILL BE PAID OUT ON AN ONGOING BASIS UNTIL FEBRUARY
2026
AS PREDETERMINED MILESTONES IN THE PROJECT ARE REACHED

        
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