Brussels, 20 December 2021
The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments, which have been admitted for trading on a regulated market.
Further to the announcement dated 4th October 2021 (https://cenergyholdings.com/el/new/press-release/), Cenergy Holdings (the “Company”) informs investors that the State of Maryland, USA awarded το Ørsted on December 17th, 2021 a wind farm development project in this State. The Company and Ørsted expect to finalize the terms of a partnership for the construction of a submarine inter array cables factory within the first quarter of 2022.
The Company, in accordance with capital markets law, will keep investors informed of any significant development.
About Cenergy Holdings
Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Corinth Pipeworks is a world leader in steel pipe manufacturing for the oil and gas sector and major producer of steel hollow sections for the construction sector. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for the aforementioned sectors. For more information about our company, please visit our website at www.cenergyholdings.com.