Swedish Stirling signs letter of intent with a South African development bank
Swedish Stirling AB (“Swedish Stirling”) and the development bank The Industrial Development Corporation of Africa (“IDC”) has sign a letter of intent about forming a jointly owned financing/leasing company in South Africa. The new company will initially be able to finance deals in Africa for up to 100 PWR BLOK units.The Swedish clean tech company Swedish Stirling today signed a letter of intent with South African development bank, IDC, to jointly establish a financing/leasing company in South Africa. The new company – which goes by the name “Southern Shield” – will initially be able to