Kibo Energy #KIBO – Mast Energy Developments & Bordersley Update March 17, 2020 – Posted in: Kibo Energy (KIBO)

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 Bordersley, MED. Overview In light of the recent coronavirus outbreak, MED’s joint development partner, AB Impianti S.R.L (‘AB’), who are…

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Kibo Energy #KIBO – Letter to Shareholders February 4, 2020 – Posted in: Kibo Energy (KIBO)

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 times in past correspondence, but increasingly, we have recognised the importance of sustainability to create positive environmental and social impacts. …

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Kibo Energy #KIBO – Shareholder Q&A Document December 18, 2019 – Posted in: Kibo Energy (KIBO)

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 and charcoal for energy needs with the associated adverse environmental impact of using these fuel sources.  With this in mind,…

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Kibo Energy #KIBO – MAST Energy Developments agreement with Balance Power Projects to build pipeline of reserve power plant sites December 13, 2019 – Posted in: Kibo Energy (KIBO)

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 to build pipeline of shovel ready reserve power plant sites ·    MED on track to roll-out an initial portfolio of 100…

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Kibo Energy #KIBO – Good progress towards de-risking Bordersley, which remains on target for commercial commissioning end Q1 2020 December 10, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce a further update with regards to its wholly owned subsidiary, Bordersley Power Ltd (‘Bordersley’), which is developing a 5 MW gas-fuelled power generation plant in the UK in cooperation with the Company’s 60% owned subsidiary, and manager and operator of Bordersley, MAST Energy Developments Limited (‘MED’). Overview ·    Good progress towards de-risking 5 MW gas-fuelled power generation plant, Bordersley, which remains on target…

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