Kibo Energy #KIBO – Letter to Shareholders
Dear Shareholder, As mentioned in the RNS dated 24 March, we continue to work with all our stakeholders, albeit remotely, during this unprecedented time to advance our portfolio of assets. However, the global fight against COVID-19 is undoubtably creating a changing landscape and the lasting implications of this are as yet unknown. Certainly, the need […]
Kibo Energy #KIBO – Corporate Update
Kibo Energy PLC, the multi-asset, Africa focused, energy company, announces a corporate update in response to the COVID-19 pandemic (‘the pandemic’). Kibo places the safety and wellbeing of its employees and contractors as the highest priority. Accordingly, in response to the outbreak of the pandemic, which it has been monitoring closely, a business continuity programme […]
Kibo Energy #KIBO – Mast Energy Developments & Bordersley Update
Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to provide an update on its subsidiaries, Bordersley Power Ltd (‘Bordersley’) and Mast Energy Developments Ltd (“MED”). The Bordersley 5 MW gas-fuelled power generation plant in the UK is currently being developed for Kibo by the Company’s 60% owned subsidiary, manager and operator of […]
Kibo Energy #KIBO – Letter to Shareholders
Letter to Shareholders Dear Shareholder, Since 2018, we have worked hard to reposition the business as an energy company and to this end we have built a solid portfolio of four major projects. However, as this portfolio has evolved and new technologies have advanced, so too has our strategy. I have touched on this several […]
Kibo Energy #KIBO – Shareholder Q&A Document
Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to release this Q&A to publicly answer questions it has received from shareholders over recent months. Can you provide an overview of Kibo’s strategy? The rationale behind Kibo’s strategy is that 620 million people in Sub-Saharan Africa currently rely on firewood, kerosene […]
Kibo Energy #KIBO – MAST Energy Developments agreement with Balance Power Projects to build pipeline of reserve power plant sites
Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce an update on its 60% owned subsidiary, MAST Energy Developments Limited (‘MED’), a private UK registered company targeting the development and operation of flexible power plants to service the UK reserve power generation market. Overview · Agreement with Balance Power Projects Development Ltd […]
Kibo Energy #KIBO – MED Signs Comprehensive Joint Development Agreement for Flexible Power Portfolio
Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to provide an update on its 60% owned subsidiary, MAST Energy Developments Limited (‘MED’), a private UK registered company targeting the development and operation of flexible power plants to service the UK reserve power generation market. Highlights Comprehensive Joint Development Agreement (‘JDA’ or ‘the […]
Kibo Energy #KIBO – Placing to Raise a minimum £ 1.5 Million
Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce that it will be seeking to raise a minimum of GBP1,500,000 (the ‘Placing’), of which GBP1,000,000 (the ‘Underwritten Placing’) is fully underwritten by TS Capital Limited (‘Underwriter’) on behalf of TS Capital Clients, at a price of 0.45 pence per share. The […]