Lease agreement signed for plant site in Denmark – one step closer to establishment for Enviro and Windspace A/S
N.B. The English text is an in-house translation of the original Swedish text. Should there be any disparities between the Swedish and the English text, the Swedish text shall prevail. Elysium Nordic ApS, a prospective joint venture of Enviro and WindSpace A/S, has signed a lease agreement with Associated Danish Ports (ADP) effective February 5, 2019 for a site in Nyborg harbor on Funen, Denmark. The land lease is valid for 20 years with an option for additional 15 years. The agreement also includes a 5 years’ option to extend the leased area to enable a phase two of the project that will