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Kibo Energy (KIBO) Share News

IN BRIEF: Kibo faces suspension over nominated adviser, shares plunge

9th Dec 2022 15:31

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Warns its shares will be suspended from the AIM on Monday if it does not find a nominated adviser, a financial services firm that shepherds a company onto the AIM. RFC Ambrian Ltd will cease to act as nominated adviser for Kibo from the close of business on Friday. Says it is in "very advanced discussion" with a new nominated adviser, with their appointment subject to completion of due diligence. Read More

IN BRIEF: Kibo Energy extends convertible instrument redemption again

5th Dec 2022 13:15

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Agrees a further extension of five months months for the redemption date of the convertible loan note, with all noteholders. The new redemption date in now February 28. The further extension includes notes in aggregate of GBP657,985. Read More

IN BRIEF: Kibo Energy renews power purchase agreement in Tanzania

23rd Nov 2022 12:37

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Signs a renewed memorandum of understanding to supply power to Tanzania Electric Supply Co Ltd from its Mbeya power project. This project was first announced in February 2018. In terms of the renewed power purchase agreement, TANESCO will buy power with a capacity of 300 megawatts from Mbeya Power Ltd, a subsidiary of Kibo. Read More

IN BRIEF: Kibo Energy director Andreas Lianos exits after seven years

15th Nov 2022 13:10

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Andreas Lianos retires as a director after seven years, with immediate effect, due to personal circumstances, Kibo says. Read More

UK shareholder meetings calendar - next 7 days

21st Oct 2022 15:44

AIM WINNERS & LOSERS: Attraqt agrees buyout; Pathfinder surges

29th Sep 2022 11:24

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

Kibo Energy to spinout renewable energy generation assets through IPO

29th Sep 2022 09:00

(Alliance News) - Kibo Energy PLC said on Thursday it was proceeding with a proposal for an initial public offering of its "spinout" named Ultimate Sustainable Energy Ltd. Read More

IN BRIEF: Kibo Energy shares down on widened interim loss

23rd Sep 2022 10:42

Kibo Energy PLC - Galway, Ireland-based energy company - Posts revenue of GBP305,384 in the six months to June 30, compared to none a year ago. Pretax loss widens to GBP2.0 million from GBP1.8 million, as administrative expenses increase by 9.1% to GBP1.2 million from GBP1.1 million a year ago. Read More

Kibo Energy acquires UK waste to energy project for GBP600,000

21st Sep 2022 14:01

(Alliance News) - Kibo Energy PLC on Wednesday said it has agreed to acquire an advanced UK waste to energy project based in Southport, England. Read More

IN BRIEF: Kibo Energy postpones AGM after system voting difficulties

16th Sep 2022 14:13

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Postpones its annual general meeting due to difficulties voting through the Euroclear system experienced by several shareholders. The company received requests from some shareholders to adjourn Friday's AGM. The meeting will reconvened no later than October 28. Read More

UK shareholder meetings calendar - next 7 days

9th Sep 2022 16:10

Kibo Energy eyes move away from coal-fire plants into renewable fuel

25th Aug 2022 12:23

(Alliance News) - Kibo Energy PLC on Thursday said it is investigating the feasibility of being able to power its coal-fired plants with renewable biofuel. Read More

IN BRIEF: Kibo Energy receives Mast Energy shares as loan repayment

29th Jul 2022 15:00

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Receives 28.7 million new shares in Mast Energy Developments PLC at a price of 3.48 pence each, to partially settle GBP1 million of the outstanding shareholder loan owed to Kibo's subsidiary Kibo Mining Cyprus Ltd. Read More

LONDON MARKET CLOSE: Stocks red on potential full-point hike in US

14th Jul 2022 17:14

(Alliance News) - Stocks in London closed in the red on Thursday after markets across Europe slipped after the European Commission slashed its GDP forecast for 2022 and investors saw a difficult start to the US earnings season. Read More

AIM WINNERS & LOSERS: Kibo extends contract; Appreciate CEO steps down

14th Jul 2022 11:16

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

IN BRIEF: Kibo Energy extends waste-to-energy agreement to 20 years

14th Jul 2022 08:28

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Extends to 20 years from 10 years the waste-to-energy power purchase agreement that was first announced back in February. The agreement outlines the construction, commissioning and operation of a 2.7 megawatt plastic-to-syngas power plant to generate baseload electricity for an industrial business park developer in Gauteng province, South Africa. The project is the company's first under its joint venture, Sustineri Energy, in which Kibo Energy holds 65% and Industrial Green Energy Solutions (Pty) Ltd holds the balance. Read More

IN BRIEF: Kibo hits critical strategic milestone in CellCube agreement

7th Jul 2022 08:04

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Announces it has achieved its first major framework agreement target by placing the first commitment to purchase the first two proof of concept projects. These projects relate to its signed strategic five-year framework agreement with CellCube to deploy long-duration energy storage in Southern Africa. Read More

IN BRIEF: Kibo Energy extends redemption date of instrument

4th Jul 2022 08:17

Kibo Energy PLC - group with energy projects in Africa and UK - Agrees with all remaining noteholders on a further extension of three months to the redemption date of convertible instrument. The redemption date is now September 30, including notes in aggregate of GBP657,985. Read More

IN BRIEF: Kibo Energy loss widens in 2021 on impairment costs

27th Jun 2022 17:06

Kibo Energy PLC - group with energy projects in Africa and UK - Reports revenue of GBP3,245 in 2021, versus none in 2020. Loss after tax widens to GBP23.0 million from GBP6.4 million. Bottom line hit by GBP20.7 million impairment of non-current assets. Read More

IN BRIEF: Kibo Energy, Hasta Trust to develop energy storage projects

30th May 2022 09:12

Kibo Energy PLC - group with energy projects in Africa and UK - Enters into an exclusive agreement with Hasta Trust to jointly develop a portfolio of long duration energy storage projects held exclusively by National Broadband Solutions, which is owned by Hasta. The initial target is a 36,320 megawatt-hour capacity in South Africa. Read More

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