Mooreast (SGX:1V3) signed an exclusive five-year agreement with Sweden-based SeaTwirl AB for its representation in the ASEAN market, according to a filing with the Singapore Exchange on Tuesday.
Under the agreement, the company will be SeaTwirl's partner for its vertical-axis wind turbine technology in the region.
Through the partnership, the company will gain access to European floating wind technology, while SeaTwirl will become an entry partner in the region.
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