Savosolar signed final delivery contract with Grenaa Varmevaerk

Savosolar Plc     Company Announcement            29 May 2018 at 1 p.m. (CEST) Savosolar signed final delivery contract with Grenaa Varmevaerk Savosolar and Danish Grenaa Varmevaerk A.m.b.a. have signed a final delivery contract of a large solar thermal system. The final value of the deal is...

London, 29/05/2018 (informazione.news - comunicati stampa - energia)

Savosolar Plc     Company Announcement            29 May 2018 at 1 p.m. (CEST)

The contract covers a turnkey delivery of solar thermal system to Grenaa Varmevaerk. Local partners will be co-operating with Savosolar in building and installing the system, in line with the company's strategy. Majority of the works will be done mostly during this year. Hand-over is planned to take place at the end of February 2019.

"Co-operation between Savosolar and local partners will result in a world-class energy system for the customer. One of our most important co-operation partners is Verdo Energy Systems A/S, which is an experienced builder and operator of energy systems in Denmark and other countries. Together we have succeeded in offering a competitive solution for Grenaa Varmevaerk" says Jari Varjotie, Managing Director of Savosolar.

"I want to thank Grenaa Varmevaerk for their trust in our technology of the future. I also would like to thank Verdo Energy for a good start of our co-operation", Mr Varjotie says.

SAVOSOLAR PLC

Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: jari.varjotie@savosolar.com

This company announcement contains information that Savosolar Plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by aforementioned contact person on 29 May 2018 at 1 p.m. (CEST).