Brief: Wästbygg Gruppen In Billion SEK Deal With H2 Green Steel

Wastbygg Gruppen AB (publ)

03/05/2023 10:07

May 3 (Reuters) - Wastbygg Gruppen AB (publ)  WBGRb.ST :
    * WÄSTBYGG GRUPPEN AB (PUBL) IN BILLION SEK DEAL WITH H2
GREEN
STEEL
    * LOGISTIC CONTRACTOR, A GROUP COMPANY WITHIN WÄSTBYGG
GROUP, HAS
ENTERED INTO AN AGREEMENT WITH H2 GREEN STEEL
    * AGREEMENT COVERS A BUILDING OF 150,000 SQUARE METERS AND
ORDER
VALUE AMOUNTS TO APPROXIMATELY SEK 1.7 BILLION.
    * DEAL IS CONDITIONAL UPON H2 GREEN STEEL BEING GRANTED
FINANCING
FOR PROJECT.
    * ORDER VALUE WILL ONLY BE INCLUDED IN WÄSTBYGG GROUP'S
ORDER
INTAKE AFTER H2 GREEN STEEL HAS SECURED FINANCING.
    * PROJECT IS PLANNED TO START DURING AUTUMN OF 2023.

Source text for Eikon:  ID:nMFN9xylP3 
Further company coverage:  WBGRb.ST 

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