Investors have shown renewed interest in the shares since the firm announced its placing at a premium price of 16 pence per share, while brokers have responded by saying ‘buy’ the shares
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Helius Energy Plc is a United Kingdom-based company engaged in installing and operating biomass-fired renewable electricity generation plants. The Company is engaged in developing both large (over 60 megawatts (MWe)) and small modular (5-8 MWe) biomass-powered electricity generation plants. Its subsidiaries include Helius Power Limited, Helius Energy Africa (Pty) Limited, Distributed Power Systems Limited, Helius Energy Beta Limited, and Helius Energy Gamma Ltd.
06/10/11
Investors have shown renewed interest in the shares since the firm announced its placing at a premium price of 16 pence per share, while brokers have responded by saying ‘buy’ the shares
12/07/11
Helius non-exec director Angus MacDonald has acquired almost £700,000 of shares at 16 pence each via a share issue, and he will also provide an unsecured loan to the company of just over £300,000. Northland Capital Partners has welcomed a restructuing of the firm's board and has a price target of 54 pence each for the shares
22/12/10
Energy supply is set become a major issue for the UK during this decade as the country finds that it has not planned enough power stations in the face of increasing electricity demand. One firm that aims to do its bit to make up the shortfall is AIM-quoted Helius Energy.
05/02/10
The government’ Renewables Obligation provides certificates for biomass plants for the first 17 years of operation, so this provides a sizeable income stream for projects such as those that Helius develops.