Brian Goodman, CEO of Golden Matrix Group Inc. explains how they stay one step ahead of their rivals. Watch the interview here.

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Sponsored Content

Pin to quick picksKibo Energy Share News (KIBO)

  • This share is currently suspended. It was suspended at a price of 0.012

Share Price Information for Kibo Energy (KIBO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.012
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.012

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Kibo Energy makes progress in pilot tests for biofuel projects

Tue, 02nd May 2023 07:36

(Alliance News) - Kibo Energy PLC said on Tuesday it has made "significant progress" in pilot tests for its biofuel projects in southern Africa.

The Galway, Ireland-based company runs energy projects in Africa and UK. With biofuel projects, the group aims to supply solid biofuel as a replacement for conventional coal to manufacturers.

In a statement on Tuesday, Kibo said the positive laboratory and pilot tests demonstrated the potential viability to replace conventional coal with solid biofuel from a technical and operational perspective.

"The latest results will now be fed into the detailed feasibility studies that are currently underway, to establish the technical and commercial viability to replace coal with solid biofuel in small- to medium-sized boilers and similar applications," it said.

Kibo Chief Executive Louis Coetzee said the group was "extremely pleased" with the outcome of the most recent test work and are confident that the ongoing feasibility studies will bring further positive results.

"We remain on course to actively pursue the successful execution of our biofuel projects in Southern Africa and look forward to providing further updates to the market on the progress of these initiatives," Coetzee said.

Kibo also said Chris Schutte had retired as an executive director from Tuesday. It is considering a number of candidates to replace Schutte.

By Artwell Dlamini, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
3 Dec 2024 10:26

Kibo Energy secures loan after terminating reverse takeover attempt

(Alliance News) - Kibo Energy PLC on Tuesday said it has terminated its bid to acquire a portfolio of renewable energy projects across Europe and Africa from Swiss-registered ESGTI AG for EUR400 million, citing time constraints.

Read more
11 Oct 2024 13:33

IN BRIEF: Kibo Energy shareholders okay acquisition of green projects

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Says its shareholders have approved its proposed acquisition of renewable energy projects across Europe and Africa from Swiss-registered ESGTI AG for EUR400 million. Kibo asked its shareholders to vote on the deal at an extraordinary general meeting on Friday.

Read more
4 Oct 2024 15:58

UK shareholder meetings calendar - next 7 days

Monday 7 October 
Corre Energy BVEGM re new board
i3 Energy PLCGM re proposed takeover by Gran Tierra
Water Intelligence PLCAGM
Tuesday 8 October 
Ananda Developments PLCGM re proposed debt capitalisation
Fusion Antibodies PLCAGM
Loungers PLCAGM
Wednesday 9 October 
Adsure Services PLCAGM
Arcontech Group PLCAGM
Coro Energy PLCGM
Distil PLCGM re fundraise
Litigation Capital Management LtdAGM
Thursday 10 October 
Cambria Africa PLCGM re proposed cancellation of shares on AIM
Red Rock Resources PLCGM re share issue authority
Synairgen PLCAGM
Friday 11 October 
Kibo Energy PLCEGM re reverse takeover
SDX Energy PLCGM re loan refinancing
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
1 Oct 2024 08:57

IN BRIEF: Kibo Energy sells Mast Energy stake to partially settle loan

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Sells remaining 19.5% interest in Mast Energy Developments PLC to shareholder and creditor RiverFort Global Opportunities PCC Ltd to partially settle a loan of GBP462,871. Sells 83.2 million Mast shares for GBP120,074, 0.14 pence per share, reducing the outstanding balance on the RiverFort loan to GBP342,797. RiverFort owns around a 3.3% shareholding in Kibo.

Read more
19 Sep 2024 15:47

IN BRIEF: Kibo Energy signs agreement to sell Cyprus unit Kibo Mining

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Signs an agreement to dispose of its wholly owned Cyprus subsidiary Kibo Mining (Cyprus) Ltd. This disposal is one of the conditions after Kibo agreed to acquire a diverse portfolio of renewable energy projects across Europe and Africa from Swiss-registered ESGTI AG for EUR400 million, or around ZAR7.86 billion. Says it will seek shareholder approval for the disposal at a general meeting.

Read more
16 Sep 2024 14:11

Kibo Energy agrees to acquire green projects for EUR400 million

(Alliance News) - Kibo Energy PLC said on Monday it has inked a binding term sheet to acquire a diverse portfolio of renewable energy projects across Europe and Africa from Swiss-registered ESGTI AG for EUR400 million, or around ZAR7.86 billion.

Read more
12 Sep 2024 11:29

IN BRIEF: Mast Energy first refurbished genset lifts revenue in July

Mast Energy Developments PLC - developer of reserve power generation plants - Reports that first refurbished 2.7-megawatt generator set, or genset, at its Pyebridge flexible power plant generated revenue amounting to GBP66,000 in July, up 16% from GBP57,000 previously reported following receipt of imbedded benefits. Preliminary revenue for August is GBP46,000 before receipt of imbedded benefits.

Read more
30 Aug 2024 10:42

Mast Energy interim loss shrinks amid refurbishment at power plant

(Alliance News) - Mast Energy Developments PLC reported on Friday that it reduced its interim loss as the company carried out maintenance and refurbishment at its Pyebridge power plant.

Read more
23 Aug 2024 20:42

FTSE Russell to remove certain companies on suspension of dealing rule

(Alliance News) - FTSE Russell on Friday said a number of companies will be removed from the FTSE Russell Index after being suspended for 40 business days without an indication of resumption.

Read more
20 Aug 2024 10:35

IN BRIEF: Kibo unit Mast Energy starts to revamp second generator set

Mast Energy Developments PLC - developer of reserve power generation plants - Starts to refurbish its second generator set, or genset, at its Pyebridge flexible power plant in Derbyshire, England. Says RiverFort Global Opportunities PCC Ltd has agreed to provide GBP1.1 million to fund this second genset overhaul, as part of a third advance against the project finance agreement. In February, RiverFort committed to an initial funding facility up to GBP4.0 million.

Read more
7 Aug 2024 13:48

IN BRIEF: Mast Energy shares rally as new generator set earns revenue

Mast Energy Developments PLC - developer of reserve power generation plants - Says its first refurbished generator set, or genset, achieves GBP56,689 in revenue in first month of its operation at its Pyebridge flexible power plant in Derbyshire, England. The refurbished genset started commercial operation on July 1. Mast says it has carefully monitored the refurbished genset to ensure optimal performance.

Read more
6 Aug 2024 08:33

IN BRIEF: Kibo Energy completes share placing; Williams has 28% stake

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Converts GBP263,334 of debt into equity at a 0.0084 pence per share. Of this, Non-Executive Director Clive Roberts is issued 1.62 billion shares for a GBP136,088 loan. In addition, former CEO Louis Coetzee converts GBP243,244 in outstanding remuneration to shares at the same price.

Read more
18 Jul 2024 16:09

UK shareholder meetings calendar - next 7 days

Friday 19 July 
Evrima PLCAGM
Kistos Holding PLCAGM
Personal Assets Trust PLCAGM
United Utilities Group PLCAGM
Monday 22 July 
Inspiration Healthcare Group PLCGM re proposed placing
Kefi Gold & Copper PLCAGM
LondonMetric Property PLCAGM
Metals One PLCAGM
Tasty PLCAGM
Tuesday 23 July 
abrdn European Logistics Income PLCGM re proposed managed wind-down
B&M European Value Retail SAAGM
BP Marsh & Partners PLCAGM
Fidelity China Special Situations PLCAGM
GB Group PLCAGM
Mitie Group PLCAGM
Triple Point Venture VCT PLCAGM
Wednesday 24 July 
Ajax Resources PLCAGM
ATOME PLCAGM
Audioboom Group PLCAGM
Cordiant Digital Infrastructure LtdAGM
Molten Ventures PLCAGM
Motorpoint Group PLCAGM
Norcros PLCAGM
Palace Capital PLCAGM
Pennon Group PLCAGM
Science in Sport PLCGM re proposed placing and retail offer
Thursday 25 July 
JPMorgan Japan Small Cap Growth & Income PLCAGM
Kibo Energy PLCEGM re authority to issue shares
LifeSafe Holdings PLCAGM
Milton Capital PLCAGM
Montanaro UK Smaller Companies Investment Trust PLCAGM
Oxford Instruments PLCAGM
Pathfinder Minerals PLCGM re acquistion of Rome Resources Ltd
Petards Group PLCAGM
RiverFort Global Opportunities PLCAGM
Silverwood Brands PLCGM to receive annual report
Tate & Lyle PLCAGM
Vp PLCAGM
Workspace Group PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
18 Jul 2024 11:36

IN BRIEF: Kibo Energy formally appoints Clive Roberts as new chair

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Formally appoints Clive Roberts as its new chair. Late last moth, Kibo named Roberts, a shareholder in Kibo, as a non-executive director and chair as part of the board shake-up. Early this month, picked as Cobus van der Merwe as an interim chief executive officer. Van der Merwe is the chief financial officer. It also said Louis Coetzee retired as the CEO.

Read more
5 Jul 2024 12:25

Kibo raises £0.15m to continue delayed audit, appoints interim CEO

(Sharecast News) - Renewable energy developer Kibo Energy announced the receipt of £0.15m on Friday, in first trance placing proceeds, to enable the continuation of the audit for the 2023 accounts.

Read more

Track Your Investments

Register for FREE

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.