Kibo Energy PLC

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Market Cap:
£5.84 m
52 weeks high
52 weeks low

Viewing results 1-25 of 249


Kibo Energy provides strategy overview in comprehensive Q&A

Below is the full text of a comprehensive discussion of the company's operations and plans ...

1 week, 3 days ago

Kibo Energy secures water rights for Mbeya power project

Water rights ensure the project’s environmental impact assessment certification remains valid and gives the power station the right to use large quantities of water...

1 week, 5 days ago

Kibo Energy’s Mbeya Coal to Power project “rapidly gaining momentum”

The company has now made all the required payments to the Tanzanian Ministry of Minerals related to the final processing and issuance of the mining rights for Mbeya...

2 weeks, 3 days ago

Kibo Energy inks key preliminary deals with Vale to advance Benga power project

The agreements with Vale show the 'urgent need and fast-growing demand' for power in the region....

2 weeks, 4 days ago

Kibo Energy focused on four key power projects

'We have four key projects which we are developing in parallel'...

on 23/8/19

Katoro Gold sells Imweru and Lubando licences in Tanzania

A private Australian group, LVG, is paying US$1mln for Reef Miners, the owner of the Imweru and Lubando gold licences....

on 22/8/19

Kibo Energy receives mining rights for Mbeya, signals green light for development

It constitutes approval and grant of the mining license applications, subject to payments....

on 15/8/19

Kibo Energy inks collaboration with STEAG

“We are pleased to have the confidence of SES which is testament to the progress and value proposition of the Kibo Energy project portfolio,” said Louis Coetzee, Kibo chairman....

on 15/7/19

Kibo Energy surges as application for Mbeya mining licence converted for “more efficient” approach

The energy firm said splitting the application into seven separate ones would be a more effective approach under prevailing legislation...

on 9/7/19

Kibo Energy acquires 100% interest in Bordersley reserve power generation project

Kibo previously held a 60% interest in the project through its MAST Energy subsidiary, but it has agreed to issue shares to the other MAST shareholders in return for a 100% interest...

on 26/6/19

Kibo Energy’s MAST Energy subsidiary finalises 5-year PPA at Bordersley power project

The deal paves the way for long-term revenue creation at Bordersley from the first quarter of 2020, when the plant is due to be commissioned...

on 25/6/19

Kibo Energy inks collaboration for renewable energy storage

"The inclusion of renewable energy into power station designs allows for higher availability figures from a technical point of view and provides better fundability options,” Louis Coetzee said....

on 24/6/19

Kibo Energy results highlight ‘transformational’ progress

“2018 was transformational for the company as we reoriented our business and implemented our strategy to be a global energy developer with multiple power projects focused primarily on Africa,” Christian Schaffalitzky said....

on 24/6/19

Kibo lifted as subsidiary MAST Energy completes acquisition of Bordersley Power site

Under the deal, which was originally announced in May, MAST had acquired a 5MW gas-fuelled power plant which was targeting commercial commissioning at the end of the first quarter of 2020...

on 21/6/19

Kibo Energy says base case model demonstrates economic robustness and viability of Benga Power Plant

Louis Coetzee, Kibo Energy CEO commented, "The stars are aligning for our major new energy project in Mozambique, Benga, as we continue to advance in its development"...

on 7/6/19

Kibo Energy surges as UK subsidiary agrees to acquire 5MW gas-fuelled power plant

The AIM-listed firm said the sale and purchase agreement with Bordersley Power would also include an option to lease land for a project site...

on 21/5/19

Kibo Energy says Benga power plant project is advancing ahead of schedule

Kibo Energy said the project is gaining "increasing recognition as a notable energy project in Mozambique"....

on 8/5/19

Kibo Energy gets greenlight to develop Mbeya for export market

Kibo said the project continues to have significant economic and strategic importance for the company, Tanzania and the region...

on 29/4/19

Kibo Energy appoints corporate finance adviser to look into an up to US900mln project finance corporate credit line facility

The group said the facility could form part of a broader funding package for the construction and commissioning of Kibo's African energy projects as they approach a final investment decision...

on 17/4/19

Kibo Energy CEO, Louis Coetzee, reviews a year of progress

"Our projects haven't been pulled out of a hat; they have been chosen for specific reasons after extensive evaluation," Coetzee told shareholders...

on 25/3/19

Kibo Energy boosted as it completes DFS at Benga power plant ahead of schedule

The energy firm said in an update that a final review of the DFS was now in progress, with negotiations over coal purchase agreements with producers at an “advanced stage”...

on 21/3/19

Kibo Energy explains rationale behind recent Sanderson transaction

On Tuesday, Sanderson converted its 2.5% minority stake in the Mbeya Coal to Power project in Tanzania into Kibo shares, taking its interest in Kibo up to 23.4%...

on 8/3/19

City financier Sanderson ups stake in Kibo Energy as it converts minority interest in Mbeya

Sanderson’s stake in Kibo has risen from 8.2% to 23.4% after it converted its 2.5% minority stake in the Mbeya Coal to Power project in Tanzania into Kibo shares...

on 5/3/19