Scirocco Energy PLC's (LON:SCIR) Tom Reynolds talks to Proactive London about their new strategy to look out for opportunities for long-term, sustainable value in the European energy market.
Reynolds outlines this new wider approach, identifying areas of opportunity including energy generation assets (including gas, biogas or power).
With 'an appetite that is unfulfilled' in regards to opportunities in this sector and low-carbon energy storage, transmission or delivery.
With a five-year timeline, it is targeting an asset base with an enterprise value of £150mln, capable of generating around £20mln of cash flow per year.