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Kibo Energy PLC

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Market:
LSE
Market Cap:
£5.11 m
Price
0.41 GBX
Change
0.00%
52 weeks high
2.70
52 weeks low
0.40

In brief

Kibo is listed on the AIM market in London and the AltX in Johannesburg. The Company is focused on the development of three thermal coal power projects in Mozambique, Botswana and Tanzania, which all share stable operating environments as well as an acute need for consistent power.  Additionally, it is building a portfolio of flexible energy projects in the UK through its 60% owned subsidiary, Mast Energy Developments Limited (“MED”).  This has given Kibo an entry to the UK Reserve Power market; in time it plans to introduce the Reserve Power market model to its operations in Africa.

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Snapshot

  • Owns power generation assets in the UK and Africa
  • Company is expecting to publish DFS on Benga project in Mozambique shortly
  • Building a presence in UK intervention market 

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