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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Kibo Energy #KIBO – Update re Reorganisation of Botswana Interests December 6, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce an update regarding its agreement with Shumba Energy Ltd (‘Shumba’) that significantly repositions its interests in Botswana, namely the Mabesekwa Coal Independent Power Project (“MCIPP”) and associated coal asset (see announcement dated 25 September 2019). Overview ·     Signed first of a series of agreements to implement the Heads of Agreement (‘HoA’) with Shumba to reorganise the arrangements for the MCIPP and its associated…

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Kibo Energy (KIBO) New Corporate Presentation December 2, 2019 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce that it has prepared a new corporate presentation which can be viewed on Kibo’s website via the following link: http://kibo.energy/wp-content/uploads/Q4-2019-Kibo-presentation_V3.0_Final.pdf

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Kibo Energy Plc (KIBO) – Bordersley Notifications of Prequalification October 31, 2019 – Posted in: Kibo Energy (KIBO)

Bordersley Project: Notifications of Prequalification Decisions for the capacity market 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. MED is developing a portfolio of reserve power generation projects and Bordesley Power Limited (‘Bordesley’) is the first…

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Kibo Energy #KIBO – MED Signs Comprehensive Joint Development Agreement for Flexible Power Portfolio October 30, 2019 – Posted in: Kibo Energy (KIBO)

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 Agreement’) signed with AB Impianti S.R.L (‘AB’) a subsidiary of the AB Group, a global leader in engineering, manufacture, and…

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Kibo Energy (KIBO) Raises £1,500,000 from Placing and £490,000 from Supplier and Creditors October 21, 2019 – Posted in: Kibo Energy (KIBO)

Further clarification with regard to the composition of the new ordinary shares to be issued has been provided which includes a combination of funding from investors and settlement of amounts owed to creditors. The placing amount has been corrected from GBP1,990,000 to GBP1,500,000, with the balance of new shares to be issued in relation to outstanding creditors of GBP490,000. Dated: 21 October 2019 Kibo Energy PLC (‘Kibo’ or the ‘Company’) Completed Placing Kibo Energy PLC,…

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Podcast – Alan Green talks to Louis Coetzee, CEO of AIM listed Kibo Energy (KIBO) October 11, 2019 – Posted in: Kibo Energy (KIBO)

Alan Green talks to Louis Coetzee, CEO of AIM listed Kibo Energy (KIBO). Louis discusses yesterday’s £1.5m fundraising, and explains how the funds will be used to further Kibo’s energy projects in Africa, and also the likely timelines for first revenues from the projects. Louis talks about the strong, cross board participation in the fundraising, and the stronng support shown from existing shareholders. Finally there are some key takeaway points for investors to consider.

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Kibo Energy #KIBO – Placing to Raise a minimum £ 1.5 Million October 9, 2019 – Posted in: Kibo Energy (KIBO)

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 proceeds from the Placing will be utilized primarily to further develop the Company’s diverse energy portfolio, on which a status…

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