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News: WND Windlab Says Plans To Exit North American Market

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    18/12/19
    16:50
    Post #: 42034765

    Dec 18 (Reuters) - Windlab Ltd (WND) :

    • PLANS TO EXIT NORTH AMERICAN MARKET
    • BOARD HAS APPROVED THIS RECOMMENDATION AND ACTIONS ARE UNDERWAY TO CLOSE COMPANY'S US OFFICE BY YEAR END
    • ONE OF INITIAL RECOMMENDATIONS OF STRATEGIC REVIEW WAS TO WITHDRAW FROM NORTH AMERICAN MARKET
    • WILL CONTINUE TO HOLD COMMERCIAL INTERESTS IN VEDIGRE WIND FARM DEVELOPMENT PROJECT & GREENWICH WIND FARM DEVELOPMENT PROJECT
    • CONTINUES TO OWN TWO DEVELOPMENT ASSETS IN COLORADO, WILL CALL FOR EXPRESSIONS OF INTEREST FOR ITS SALE
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