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BRIEF-Windlab Updates On Kennedy Energy Park EPC Contract Dispute

Published 12/11/2019, 12:29 pm
Updated 12/11/2019, 12:35 pm
© Reuters.  BRIEF-Windlab Updates On Kennedy Energy Park EPC Contract Dispute
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Nov 12 (Reuters) - Windlab Ltd WND.AX :

* UPDATES ON KENNEDY ENERGY PARK EPC CONTRACT DISPUTE

* KEP PARK NOW RUNNING 13 MONTHS LATE AND NOT FORECAST BY EPC CONTRACTOR TO REACH FULL COMMERCIAL OPERATIONS FOR FURTHER 4 TO 5 MONTHS.

* KENNEDY ENERGY PARK HAS RECOURSE UNDER TERMS OF EPC CONTRACT FOR ONGOING DELAYS & COSTS IF SUBSTANTIVE LEGAL PROCEEDINGS BECOME NECESSARY

* KENNEDY ENERGY PARK HAS RECOURSE UNDER EPC CONTRACT FOR ONGOING DELAYS & COSTS IF SUBSTANTIVE LEGAL PROCEEDINGS BECOME NECESSARY

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