Brief: Ripasso Energy Signs MoU To Form Project Financing Company

Swedish Stirling AB

19/02/2018 07:00

Feb 19 (Reuters) - RIPASSO ENERGY AB (PUBL)  RISEN.NGM : 
    * RIPASSO ENERGY SIGNS A MEMORANDUM OF UNDERSTANDING TO FORM 
A 
PROJECT FINANCING COMPANY WITH CAPACITY TO ACQUIRE 72 PWR BLOK 
UNITS 
    * TWO OF RIPASSO SHAREHOLDERS AND RIPASSO ENERGY TO FORM A 
NEW 
COMPANY (GENCO) 
    * OBJECTIVE OF NEW COMPANY IS TO ACQUIRE PWR BLOK UNITS AND 
SELL 
ELECTRICITY IN SOUTH AFRICA 
 
Source text for Eikon:  ID:nWkr5qwmD8  
Further company coverage:  RISEN.NGM  
 
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