Chariot Ltd Share News (CHAR)

IN BRIEF: Chariot joint venture wheels energy though Cape Town grid

Chariot Ltd - Africa-focused transitional energy company - Says Growthpoint Properties Ltd became the first party to wheel renewable electricity in Cape Town via the city's grid as part of plans to end loadshedding in collaboration with licenced electricity trader Etana Energy Pty Ltd. Chariot holds a 25% interest in Etana. Chief Executive Officer Benoit Garrivier says: "Through our joint venture, Etana Energy, we are very proud to have been involved in the first wheeling of renewable energy in Cape Town. We are very pleased that the city selected us as a trading partner, and we look forward to providing further energy support to the region for the foreseeable future.

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IN BRIEF: Chariot extends green project deal in Morocco

Chariot Ltd on Wednesday - Africa-focused transitional energy company - Extends collaboration with Mohammed VI Polytechnic University and Bristol, England-based Oort Energy Ltd for the testing of green hydrogen production in Morocco. Says the deal will focus on the construction, commission and operation of an electrolyser project at the Jorf Lasfar complex.

TRADING UPDATES: Chariot oversubscribed from GBP2.3 million fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Chariot raises USD15 million to fund Moroccan licence

(Alliance News) - Chariot Ltd on Tuesday said it has raised USD15.0 million through a placing and subscription offer, to help fund is Moroccan license.

Chariot plans to raise USD18 million to fund Moroccan licence

(Alliance News) - Chariot Ltd on Monday said it plans to raise USD18 million through a placing, subscription and open offer.

IN BRIEF: Chariot annual loss widens as expenses rise

Chariot Ltd - Africa-focused transitional energy company - Posts pretax loss of USD14.9 million for 2022, widened from USD7.0 million in 2021. Total operating expenses rise to USD8.5 million from USD4.5 million a year earlier, as share based payments increase to USD4.2 million from USD760,000.

TRADING UPDATES: Tlou receives loan to help fund Botswana operations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Poolbeg patent boost; Resolute Mining resource up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Tuesday not separately reported by Alliance News:

Chariot completed front-end engineering and design for Anchois

(Sharecast News) - Energy company Chariot has completed the front-end engineering and design (FEED) on the key components of its flagship Anchois gas development project, it announced on Wednesday.

AIM WINNERS & LOSERS: Redx drops on disappointing cancer drug results

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

Chariot to buy renewable water production firm for USD1.0 million

(Alliance News) - Chariot Ltd on Monday said it will acquire independent water producer ENEO Water PTE Ltd for USD1.0 million.

Chariot agrees key principles for Anchois gas sales deal

(Sharecast News) - Africa-focussed energy company Chariot announced on Monday that, along with Morocco's Office National des Hydrocarbures et des Mines (ONHYM), it has agreed key principles for long-term gas sales from the Anchois Gas Project with the Office National de l'Electricité et de l'Eau Potable (ONEE).

TRADING UPDATES: Ryanair extends CEO contract; Sovereign eye demerger

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Chariot takes 25% stake in new South Africa power trader

Chariot Ltd - London-based, African-focused company working on energy transition and green hydrogen projects - Takes 25% interest in Etana Energy (Pty) Ltd, a new South African company that has been granted an electricity trading licence by the National Energy Regulator of South Africa. The licence allows Etana to buy and sell electricity on the national transmission grid and within some municipal areas. The remainder of Etan is owned by the Neura Group with 49%, H1 Holdings with 21%, and Meadows Energy with 5%, all with experience of the South African electricity market, Chariot says.