GENEVA, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, announces that it has reached a new agreement with Ziva Energy (“Ziva”) on their dispute regarding the 60 MW Mie solar project (“Mie”). Etrion’s development company in Japan, Etrion Japan KK, had signed a development services agreement (DSA) with Ziva, a Tokyo based developer, in 2015. Under the DSA, Etrion would fund the development of the project and, once completed, it would take over the ownership of the project. In December 2018 the parties entered a dispute regarding the terms of the DSA.
Etrion reaches agreement on 60 MW Mie Project
Sep 23, 2020
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