Kibo Energy #KIBO – Secures £1mn Funding Facility June 25, 2020 – Posted in: Kibo Energy (KIBO)

Thursday 25th June, 2020 Kibo Energy PLC (‘Kibo’ or the ‘Company’) Kibo Secures £1 Million Funding Facility Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to provide a corporate and operational update and to announce that it has signed a binding term sheet with an investment consortium consisting of several high net worth entities and individuals, including two of the Company’s largest shareholders, for up to £1,000,000. OVERVIEW ·    £1 million term sheet signed to continue development of diverse energy project portfolio comprising 1255…

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Kibo Energy #KIBO – Secures £1 Million Funding Facility – Posted in: Kibo Energy (KIBO), Uncategorized

Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to provide a corporate and operational update and to announce that it has signed a binding term sheet with an investment consortium consisting of several high net worth entities and individuals, including two of the Company’s largest shareholders, for up to £1,000,000. OVERVIEW · £1 million term sheet signed to continue development of diverse energy project portfolio comprising 1255 MW generation capacity approaching commercialisation…

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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…

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Kibo Energy #KIBO – Clarification Statement May 20, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (‘Kibo’ or the ‘Company’) Clarification Statement Kibo Energy PLC (‘Kibo’ or the ‘Company’), the multi-asset, Africa focused, energy company, provides the following clarification statement regarding certain details announced in the RNS of 15 May 2020. On careful assessment of all relevant facts concerning the vested interest of all key stakeholders, the Company confirms  that it will be guided by the following criteria when making formal share conversion offers to individual members of…

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Kibo Energy #KIBO – Binding Term Sheet to Supply 200MW Energy to Baobab Resources in Mozambique May 18, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (‘Kibo’ or the ‘Company’), the multi-asset, Africa focused, energy company is pleased to announce that it has signed a binding term sheet (the ‘Agreement’) with Baobab Resources Ltd (‘Baobab’) to supply c. 200MW energy to its Tete Steel and Vanadium Project (‘TSV Project’) in Mozambique.   Highlights · Baobab to exclusively deal and negotiate with Kibo regarding entering into a Power Purchase Agreement (‘PPA’) to supply c. 200MW energy to its TSV…

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Kibo Energy #KIBO – Notice of Extraordinary General Meeting to Approve Reorganisation of the Company’s Share Capital May 17, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (“Kibo” or the “Company”), the multi-asset, Africa focused energy company, announce that a shareholder circular (the “Circular”) containing details of a proposed share capital reorganisation and including a Notice of Extraordinary General Meeting (“EGM”) & Sample Proxy Form (“Notice of EGM”) is now available on its website (http://kibo.energy/wp-content/uploads/Shareholder-Circular-Notice-of-EGM-08-June-2020.pdf). The EGM will be held at 11 a.m. on Monday 08 June 2020 at the Company’s registered office at 27 Pembroke Street Upper, Dublin…

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Kibo Energy #KIBO – Increase of Land Title Area and New MoU signed at Benga Power Plant Project May 11, 2020 – Posted in: Kibo Energy (KIBO)

Kibo Energy PLC (‘Kibo’ or the ‘Company’), the multi-asset, Africa focused, energy company is pleased to announce that it has successfully acquired additional land contiguous to the Benga Power Plant Project (‘Benga’ or ‘the Project’) in the Tete province of Mozambique, increasing the total project area with an additional 345 hectares. Alongside hosting a 150-300MW thermal power plant, which is being developed as part of a joint-venture agreement with local energy company Termoeléctrica de Benga…

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