BRIEF-Genesis Energy Signs Term Sheet For Huntly Capacity

Reuters
19 Jun
BRIEF-Genesis Energy Signs Term Sheet For Huntly Capacity

June 19 (Reuters) - Genesis Energy Ltd GNE.NZ:

  • TERM SHEET SIGNED FOR HUNTLY CAPACITY TO SUPPORT NATIONAL ENERGY SECURITY

  • FOLLOWING FORMALISATION OF PROPOSAL, RESIDUAL RANKINE CAPACITY MADE AVAILABLE TO BROADER MARKET, OTHERS

  • NON-BINDING TERM SHEET AS A BASIS FOR ESTABLISHING A STRATEGIC ENERGY RESERVE CENTERED ON HUNTLY POWER STATION

Further company coverage: GNE.NZ

((Reuters.Briefs@thomsonreuters.com;))

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