April 28 (Reuters) - Swedish Stirling AB STRLNG.ST :
* SIGNS AGREEMENT WITH GLENCORE MERAFE VENTURE
* SIGNED ENERGY CONVERSION SERVICE AGREEMENT FOR
INSTALLATION OF
25 PWR BLOK 400-FS (10MW) AT GLENCORE MERAFE LION FERROCHROME
SMELTER
* ESTIMATED PRESENT VALUE FOR INITIAL TERM OF AGREEMENT FOR
SWEDISH STIRLING IS 700 MZAR (49 MUSD)
* FACILITY WILL BE OWNED AND OPERATED THROUGH A SPECIAL
PURPOSE
VEHICLE, ESTABLISHED AND CONTROLLED BY SWEDISH STIRLING
Source text for Eikon: ID:nWkr5NBstV
Further company coverage: STRLNG.ST
((Reuters.Briefs@thomsonreuters.com;))