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Full interview: New PPA and funding update from Tlou in Botswana

Proactive London linked up with Tlou Energy Limited (LON:TLOU) executives in Botswana for a full 2019/2020 update on how and where the business is going - and the news was upbeat.

Tlou is running a huge gas asset in Botswana with 9,300 sq km of acreage and proven gas (CBM) reserves with CEO Tony Gilby and Executive Director Gabaake Gabaake (nicknamed GG) excited about what's to come following the appointment of a new government minister who's on board with the Tlou story. News here too on approvals, funding status and details of their new PPA.

It's all about energy security for Botswana as they currently import almost half of their electricity. Tlou wants to combine gas and renewables and supply the grid, reducing that reliance on outside sources.

Quick facts: Tlou Energy Limited

Price: 3.9 GBX

Market: AIM
Market Cap: £20.48 m

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Tlou Energy's Tony Gilby hails receipt of interim power purchase agreement

Tlou Energy Ltd's (LON:TLOU) Tony Gilby speaks to Proactive London's Andrew Scott after confirming they've received an interim power purchase agreement (PPA) for its coal bed methane fuelled gas-to-power project in Botswana. He says the interim PPA has been agreed with the Botswana Power...

on 6/4/20

2 min read