Borregaard: New supply contract for electric power between Borregaard and Eidsiva Vannkraft
December 12 2018 - 3:00AM
Borregaard and Eidsiva Vannkraft have entered into
a new long-term supply contract for electric power for a total of
2.8 TWh to be supplied to the Sarpsborg site in the period 2020 to
2029. The new contract replaces the existing contract between the
parties for the period 2020 to 2024, with a gradual reduction of
annual deliveries from about 420 GWh in 2020 to about 130 GWh in
2029.
Sarpsborg, 12 December 2018
Contact:
Jørn Syvertsen, Director Investor Relations, +47 958 36 335
This information is subject to the disclosure
requirements pursuant to Section 5-12 of the Norwegian Securities
Trading Act.
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Borregaard via Globenewswire
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