leadf
logo-loader
viewAMP Clean Energy

2016 transformational for Aggregated Micro Power Holdings plc, says boss

2016 has been very much a 'transformational' year for energy and biomass group Aggregated Micro Power Holdings plc (LON:AMPH), said boss Richard Burrell.
The chief executive spoke to Proactive about among other things, the latest half year results and its latest acquisition - the fourth in the wood fuels space this year and his confidence  on the years to come.
PEL is a wood pellet supplier for commercial boilers and was bought for 6.6mln new company shares and £500,000 in cash. It serves around 400 boilers mainly in Yorkshire, East Anglia and Lincolnshire.
Coupled with acquisitions earlier this year of Forest Fuels, Midlands Wood Fuel and the customer base of Mi-Generation Limited, the deal sees the group gain about 20% of the wood pellet market and 10% of the wood chip market.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of AMP Clean Energy named herein, including the promotion by the Company of AMP Clean Energy in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Investor Update: Kavango Resources hits sulphide mineralisation at KSZ in...

Headlines from the Proactive UK newsroom. Kavango Resources (LON:KAV) has announced this morning its hit disseminated sulphide mineralization during drilling at their Kalahari Suture Zone Project in Botswana. Drilling on the third and last target is currently in progress. Aggregated Micro...

on 29/11/19

2 min read