GKO.L Share News (GKO)

Greenko Says First-Half Trading Met Expectations, Helped By Early Monsoon

Half yearly profit doubles at Indian clean energy developer Greenko

Adjusted profit after tax increased 121.2 per cent to 4.2m euros in the six months to September 30th at Indian clean energy developer Greenko following a raft of acquisitions. In the company's interim results for the half year, its aggressive acquisition strategy - which saw it buy eight hydropower

Greenko snaps up 11th hydropower project in northern India

Indian developer of clean energy projects, Greenko, has acquired its 11th hydro power project in Himachal Pradesh, a mountainous region of northern India. The run-of-river hydro project, known as Sumez 14 MW, is located near Greenko's existing cluster of Himachal projects and has a total value of

Greenko on track for 30 per cent full-year growth

Greenko, an Indian developer, owner and operator of clean energy projects, has had a 'successful first half' and said it remains on track to meet its expectations of 30 per cent full-year revenue growth. The firm is also on target to deliver a 1,000 mega whatt operating portfolio in 2015. The peri

Sector movers: US jobs data sees investors flee from risk

With disappointing jobs figures from the US prompting a sell-off in global stock markets, the defensive sectors were benefitting from the risk-off environment. The US Labor Department revealed that 80,000 non-farm payrolls were added in June, less than the 100,000 expected by analysts. The jobless

Greenko boosts operating portfolio

Greenko, the Aim-quoted Indian clean energy specialist, said its operating portfolio will increase to 260 MW in early July from 214.6 MW currently when its first wind farm Ratnagir starts exporting power. The firm, which has been actively expanding its wind farm projects, said it was confident tha

Greenko running out of puff

Greenko was looking off-colour as the Indian clean energy firm reminded investors of the weak market for Certified Emission Reduction Units (CERs) in its pre-close trading update. The group reiterated previous advice that results for the year to March 31st will be hit by adverse currency movements

Sector movers: Kazakhmys leads miners higher after securing funding

The miners were the best performers on Friday afternoon, with stocks averaging gains of nearly 2% by 13:50. Leading the charge was copper giant Kazakhmys after a $1.5bn loan facility signed for the Aktogay copper project in East Kazakhstan meant that it has now secured funding for all of its develo

Greenko profit powers ahead

Indian clean energy developer Greenko posted a bumper set of half-year figures as it ramped up operating capacity to meet increasing demand. Pre-tax profit increased to €7.85m for the six months ended 30 September 2010 from €0.77m the same time a year before. Revenue more than trebled to €25.81m fr

Small caps: Avingtrans, Hydrogen, Murgitroyd...

Component designer Avingtrans has been chosen by Siemens MR Magnet Technology to manufacture precision machined formers for Siemens' next generation Magnetic Resonance Imaging systems. Once the product is in full production in 2012, the annualised value of this new product to Metalcraft will be ap

UK SMALLCAP ROUNDUP: ASOS Revenue Boosted By Overseas Sales

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ASOS PLC (ASC.LN), an online fashion retailer, Wednesday posted a 48% jump in first-quarter group revenue, helped by a more than doubling of overseas sal

Greenko Buys Hydroelectric Power Plant For EUR26 Mln

LONDON (Dow Jones)--Indian renewable energy firm Greenko Group PLC (GKO.LN) Wednesday said it agreed to buy a hydroelectric power company for EUR26 million. Greenko said it agreed to buy Hemavathi Power & Light Pvt Ltd., the operator of a 24 megawatt power plant on the Hemavathi river in the Ind

Greenko Group Plc Acquisition Of 24Mw Operating Hydro Asset

TIDMGKO RNS Number : 3024P Greenko Group plc 14 July 2010 ? GKO Greenko Group PLC ("Greenko" or "the Company") Acquisition of 24MW operating run-of-river hydro asset Greenko reaches 611MW of secured capacity with operatin

Small caps round-up: Planet Payment, Alphameric, Fulcrum Pharma....

Planet Payment Inc is on course to generate cash from operations in the second half of 2009. The fourth quarter tends to be strongest for the multicurrency payments processor because it encompasses the Christmas period. Third quarter revenues rose 16% to $11.75m and the pre-tax loss was reduced by m

London close: Buoyant US lifts FTSE 100

Footsie put a sluggish start to the day behind it to post strong gains, helped by buoyant showing on Wall Street. There were contrasting fortunes for two stocks dependent on the health of the housing market, with Wolseley on the rise and Home Retail on the slide. Earlier today property research fi