LONDON (Alliance News) - Rurelec PLC said Wednesday that the due date for the repayment of a short-term loan agreement it has with Radix Investment UK Ltd for GBP600,000 has been extended to the end of June next year.
This facility is secured by debenture over all of Rurelec's assets, it said.
Rurelec owns, operates and develops power generation facilities in Latin America.
Shares in Rurelec were up 7.3% at 0.939 pence early Wednesday afternoon.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.