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Renewables & cleantech

EQTEC's £2m settlement deal moves a step closer to conclusion

Waste-to-energy specialist EQTEC PLC (AIM:EQT)'s settlement deal with Logik Developments has moved a step closer.

The agreement is dependent on the disposal of a site on the Deeside Industrial Park which completion looks set for August 16 after several delays. If it does go to the new schedule, EQTEC is entitled to £2 million.

The company said it will keep the market posted on progress.