Brief: Ebioss gets exclusive rights to use its gasifier technology in React projects in UK
08/01/2016 14:57
Jan 8 (Reuters) - Ebioss Energy AD Sofia EBI.MC :
* Reaches deal with React Energy Plc under which it gets
exclusive rights to use EGT EQTEC gasifier technology in
gasification projects currently in development by React in the
United Kingdom
* Agrees on loan note issuance by React of 750,000 euros
($816,675) with maturity on Jan. 7, 2017 and annual interest
rate of 8 percent
* Loan note issuance to be fully subscribed by Ebioss to
develop the gasification projects that React currently holds in
the United Kingdom
Source text: bit.ly/1UCgKI0
Further company coverage: EBI.MC
($1 = 0.9184 euros)
(Gdynia Newsroom)
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