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22.07.2019 - Ad hoc announcement pursuant to Art. 53 LR

Meyer Burger signs major contract for its Heterojunction core equipment

 

Press Release

Thun, 22 July 2019

 

Meyer Burger signs major contract for its Heterojunction core equipment

 

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the signing of a major framework contract with a solar cell manufacturing start-up company for its Heterojunction (HJT) core equipment. The North American manufacturer was founded by solar industry veterans. Subject to closing of the company's financing round, the contract volume is expected to be approximately CHF 100 Mio.

Meyer Burger expects to recognize the order intake with the contractual down payment in the beginning of the fourth quarter of 2019.

Contacts:

Ingrid Carstensen

Head of Corporate Communications

Tel.: +41 (0)33 221 28 34

ingrid.carstensen@meyerburger.com

Stefan Diepenbrock

Corporate Communications

Tel.: +41 (0)33 221 27 85

stefan.diepenbrock@meyerburger.com