1st Oct 2015 16:30
Rame Energy / Index: AIM / Epic: RAME / ISIN: JE00BBD8GG53 / Sector: Energy
1 October 2015
Rame Energy plc ("Rame" or the "Company")Rame Profiled by The Telegraph Business Club
Rame Energy plc, the AIM quoted independent power producer and power project developer, is pleased to announce that the Company is profiled in a short film featured by The Telegraph Business Club.
Introducing the film, The Telegraph describes how "Rame's spirited, tenacious approach coupled with its ability to match its engineering capabilities to opportunities for growth has attracted blue chip clients and firmly established the Company in the lucrative Latin America energy market."
Featuring footage of the Company's construction projects, the film documents Rame's position in the Chilean energy market, its relationship with Barrick Gold and its longstanding track record in power project development.
CEO Tim Adams said "I am delighted to have had the opportunity to showcase Rame to such a wide-reaching audience. In charting our transition to independent power producer, the film highlights our strong track record in renewable power generation and, with 15MW now in operation, we have proven our ability to deliver. This film is, therefore, timely in its release and will undoubtedly assist with our ongoing strategy to establish a strong market profile."
The film can be viewed directly on The Telegraph Business Club website: http://www.telegraph.co.uk/finance/businessclub/
**ENDS**
For further information please visit www.rame-energy.com or contact:
Rame Energy plc | Tel: +44 (0) 1752 565638 |
Tim Adams (Chief Executive) | |
Kevin McNair (Chief Financial Officer) | |
Nominated Adviser and Broker | Tel: +44 (0) 20 7894 7000 |
Cantor Fitzgerald | |
Andrew Craig | |
William Goode | |
St Brides Media & Finance Ltd | Tel: +44 (0) 20 7236 1177 |
Elisabeth Cowell / Frank Buhagiar |
Notes
Rame is an established revenue generative global supplier of cost effective, technically optimised and reliable power generation solutions including wind, solar and diesel to blue chip clients such as Akzo Nobel, Anglo American, Barrick Gold and Codelco. The Company has executed its first joint venture agreement with Santander Investment Chile Limitada to co-finance its Raki and Huajache projects. These two projects, in which Rame has a 20% equity participation, have 15MW of generating capacity. The debt package for the two projects is being provided by Chilean bank, Banco BICE.
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