Scandinavian House Development SA (“SHSA” or the “Company”) and its close business partner in the renewable energy area, 24-7 Solar Ltd. (“24-7”), have started talks and negotiations for long-term advanced developments with a number of multinational clients in Latin America, within the area of energy efficiency and renewable energy supply. One of these projects focuses on an off-grid solution, developed, in part, by 24-7 Solar. The projects will be starting with a number of pilot plant installations. In the second stage the roll-out shall cover different countries in Latin America. The potential contractual value of a full roll out can be estimated to reach well over 100 Million USD.
SCANDINAVIAN HOUSE DEVELOPMENT SA
Route d’Oron 2, 1010 Lausanne, Switzerland
Exchange: NYSE Euronext Paris
Market: Marché Libre
Symbol : MLSHD
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