OPG Power Ventures plc Collections of contractual claims payments (3953G)
25 November 2020 - 6:00PM
UK Regulatory
TIDMOPG
RNS Number : 3953G
OPG Power Ventures plc
25 November 2020
25 November 2020
OPG Power Ventures plc
("OPG" or the "Group")
Collections of contractual claims payments from customers
OPG is pleased to report that the Group has collected
contractual claims payments from its customers under the power
purchase agreements amounting to c.GBP9.5 million (Rs.0.9 billion).
These contractual claims were accumulated over several periods and
will be recognised as income in the FY21 financial statements.
The collection of these claims has strengthened the Group's
financial position and liquidity during these uncertain times
caused by the COVID-19 pandemic.
For further information, please visit www.opgpower.com or
contact:
+44 (0) 782 734
OPG Power Ventures PLC 1323
Dmitri Tsvetkov
Cenkos Securities plc (Nominated Adviser +44 (0) 20 7397
& Broker) 8900
Russell Cook / Stephen Keys / Cameron
MacRitchie
+44 (0) 20 7920
Tavistock (Financial PR) 3150
Simon Hudson / Nick Elwes
-ends-
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