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Market Impact: 0.2
SunScout Signs Definitive Agreement for First Philippine Solar-Plus-Storage Project, Expected to Add US$25 Million in Construction Revenue
Source: globenewswire.com
Company FundamentalsInfrastructure & Defense
The project is expected to generate average annual revenue of US$3.6 million and average annual free cash flow of US$1.2 million over a 20-year contracted life. With only forward-looking cash-flow projections provided, the news modestly supports underlying fundamentals but is unlikely to be broadly market-moving.
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