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  2. Share Prices
  3. Rurelec Share Price
  4. Rurelec Share News
  5. IN BRIEF: Rurelec Gets Further USD224,000 Payment From Patagonia

Pin to quick picksRurelec Share News (RUR)

Rurelec Information
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Share Price Information for Rurelec (RUR)

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Share Price: 0.425
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IN BRIEF: Rurelec Gets Further USD224,000 Payment From Patagonia

Fri, 23rd Oct 2020 18:04

Rurelec PLC - power generator and power plants developer based in London - Receives further USD224,000 partial loan repayment of amended and restated loan notes from Patagonia Energy Ltd. Balance of outstanding loan notes now approximately USD20.2 million with first USD1.3 million remaining to be shared 80-20 between Rurelec and Basic Energy Ltd. Total amount owing to Rurelec now USD14.8 million. "There can be no guarantee as to when any further loan repayments will be made," notes Rurelec.

Current stock price: 1.06 pence

Year-to-date change: up 45%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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24 Sep 2018 11:45

Rurelec Hoping Turbine Work Can Help Improve Its Financial Position

LONDON (Alliance News) - Shares in Rurelec PLC fell Monday as it said there will be a "major" shut-down of a steam turbine at its southern Patagonian power plant in were 29% lower on at

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1 Jun 2018 10:30

Rurelec 2017 Loss Narrows As It Sells Of Assets And Cuts Costs

LONDON (Alliance News) - Rurelec PLC on Friday said its loss narrowed in 2017 as it withdrew from Peruvian assets and reduced expenses.The electricity utility company said its pretax loss a

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25 Apr 2018 12:44

Rurelec Notes Resumed Debt Repayment But Delays In Plant Maintenance

LONDON (Alliance News) - Electric utility company Rurelec PLC said on Wednesday it has noted that Energia del Sur SA, which operates a 136 megawatts Southern Patagonian combined-cycle power plant

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28 Oct 2016 15:31

Rurelec Gets Eight-Month Extension On Bridge Properties Loan Facility

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15 Jul 2016 16:43

Rurelec Annual Loss Widens On Huge Asset Write Downs

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22 Jun 2016 16:44

Rurelec Gets 12-Month Extension On Bridge Properties Loan Facility

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13 Apr 2016 16:20

Rurelec Ups Short-Term Loan Facility But Cash Facility Still Tight

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18 Feb 2016 10:00

Rurelec secures new short-term loan facility

(ShareCast News) - Rurelec has entered into and fully drawn down a short-term loan facility with Bridge Properties for £850,000. The company, which owns, operates and develops power generation capacity, said the proceeds are for working capital and the repayment of the Radix Investments UK loan and

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18 Feb 2016 08:47

Rurelec Fully Draws Down GBP850,000 Loan Facility But Cash Still Tight

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23 Dec 2015 12:26

Rurelec Says Repayment Date For Radix Investment Loan Extended

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14 Dec 2015 11:43

Rurelec Says Chief Executive Mark Keegan Resigns Immediately

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14 Dec 2015 11:39

Rurelec CEO Keegan throws in towel

(ShareCast News) - Following the collapse of a major shareholder and resignation of its chairman, Rurelec's chief executive Mark Keegan has also resigned with immediate effect. In late November, Keegan and the board said they would continue to try and drum up financing for the South America-focus

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23 Nov 2015 16:14

AGM, EGM Calendar - Week Ahead

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13 Nov 2015 09:23

Rurelec Proposes GBP3.5 Million Rights Issue To Shore Up Finances (ALLISS)

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6 Nov 2015 16:23

Rurelec Enters Into Short-Term Loan Agreement With Radix Investment

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