Wind Asia has placed a refundable deposit in the sum of £200,000 as a demonstration of its good faith commitment and ABRS agreeing to an exclusivity period of two calendar months.
ABRS is a company incorporated in England and is in the business of providing wind energy training solutions in the UK.
The term sheet states that both parties should sign a sale and purchase agreement or other such agreements within two calendar months of the term sheet signing.
Shares in Sheffield Green closed flat at 17.8 cents on Apr 11.
