News and Announcements
BioSyngas, Heads of Agreement over Bomen Project Power Off-Take Signed
- Published February 15, 2013 10:06AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
ASX Announcement, 14 February 2013: Syngas Limited’s (Syngas) [ASX: SYS] Board of Directors is pleased to announce the signing of an energy off-take Heads of Agreement (HoA) with Teys Australia Southern Pty Ltd (Teys). This HoA sets out the basis for a Binding Commercial Agreement (BCA) to be progressed over the off-take of power/electricity, hot water and/or steam generated by the Bomen Power Project, by the Wagga Wagga Beef Processing facility owned by Teys, located in Wagga Wagga, New South Wales.
This HoA (non-binding) is further to, and builds upon, the Letter of Intent signed between the parties in September 2011.
To read a full ASX announcement, please download a document below.
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