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April 26, 2024

CS Wind cinches W213b NDA deal

PUBLISHED : September 20, 2018 - 18:37

UPDATED : September 20, 2018 - 18:37

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[DISCLOSURE] CS Wind (112610) announced on Sept. 20 that it has signed a 213.0 billion won (US$189.84 million) preferred supplier agreement to provide offshore wind towers.

The deal amounts to 68.22 percent of its 2017 revenue and is valid until 2022. The other party of the contract will remain undisclosed until Oct. 3 to protect trade secrets.

By Hwang You-mee (glamazon@heraldcorp.com)

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