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5GD — Sunpower News Story

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Brief: Sunpower Group Says Unit to Cooperate In Joint Venture With Suzhou Green Enthalpy Thermal Tech

Dec 8 (Reuters) - Sunpower Group Ltd  SUNP.SI :
    * UNIT WILL COOPERATE IN JOINT VENTURE WITH SUZHOU GREEN
ENTHALPY
THERMAL TECHNOLOGY AND ZHANGJIAGANG WATER GROUP
    * JOINT VENTURE TO PRODUCE STEAM USING GENERAL SOLID WASTE
AS A
FEEDSTOCK
    * REGISTERED CAPITAL OF JV IS ESTIMATED AT RMB60 MILLION
    * YONGXING PLANT TO HOLD 28% STAKE IN JV WHILE SUZHOU GREEN
ENTHALPY & ZHANGJIAGANG WATER GROUP WILL HAVE 42% AND 30% STAKE

Source text for Eikon:  ID:nSN712Lrc 
Further company coverage:  SUNP.SI 

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

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