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BRIEF-Windlab Updates on Kennedy Energy Park

Published 27/04/2020, 08:56 am
© Reuters.
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April 27 (Reuters) - Windlab Ltd WND.AX :

* AGREED WITH ITS EPC CONTRACTOR TO EXTEND STAND-STILL AGREEMENT REGARDING PREVIOUS ADJUDICATION DETERMINATION AND ONGOING CONTRACTUAL DISPUTE

* EXTENSION UNTIL EARLIER OF 29 MAY 2020 AND CONCLUSION AND EXECUTION OF A SETTLEMENT DEED BY PARTIES

* FOR EXTENSION PERIOD PARTIES TO STAY PAYMENTS & NOT COMMENCE OR PROSECUTE ANY CLAIMS OR DISPUTES UNDER CONTRACT

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