Kibo Energy #KIBO – Mast Energy Developments & Bordersley Update – RNS May 26, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (‘Kibo’ or the ‘Company’) 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 Bordersley, MED. Overview *     Further to the most recent update regarding…

Continue reading

Kibo Energy #KIBO – Letter to Shareholders April 8, 2020 – Posted in: Kibo Energy (KIBO)

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 to achieve universal electricity access has not changed and is essential; it is arguably more critical now than ever before…

Continue reading

Kibo Energy #KIBO – Issue of Shares in lieu of payment to Service Providers & Contractors March 30, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (“Kibo” or the “Company”), the multi-asset, Africa focused, energy company announces the issue of 6,996,110 Ordinary Shares of €0.001 in the capital of the Company in payment of various service invoices to certain providers of professional and technical consulting services (“Contractor Shares”), as well as a further and final payment of 8,000,000 shares to be made to Bordersley’s original MED vendors (see RNS dated 26 June 2019) (collectively hereinafter the “Shares”). Details…

Continue reading

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…

Continue reading

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…

Continue reading