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BRIEF-Etrion Reaches Agreement With Ziva Energy On 60 MW Mie Project

Published 2020-09-23, 05:10 p/m
© Reuters.
ETX
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Sept 23 (Reuters) - Etrion Corp ETX.TO :

* ETRION REACHES AGREEMENT ON 60 MW MIE PROJECT

* ETRION CORP - REACHED A NEW AGREEMENT WITH ZIVA ENERGY ON THEIR DISPUTE REGARDING 60 MW MIE SOLAR PROJECT

* ETRION CORP - AS PART OF NEW AGREEMENT, ETRION WILL PROCEED IN LINE WITH ITS USUAL INVESTMENT STRUCTURE AS ORIGINALLY PLANNED

* ETRION CORP - ZIVA WILL ACQUIRE ETRION'S CONTRACTUAL STRUCTURE AND ASSOCIATED ECONOMIC OBLIGATIONS AND BENEFITS FOR JPY 3.4 BILLION (APPROX US$32.5 MILLION)

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