The energy company has signed a MoU with ACWA Power to explore the creation of a sustainable energy business in southern Africa, leveraging their respective expertise.
The energy company reported reduced losses but faces ongoing challenges, including minimal revenue and material uncertainty about its ability to continue as a going concern. A strategic split is planned to unlock value.
The energy company has disclosed transactions by its Chairman, Andrew Hockey, involving the purchase and sale of ordinary shares.
The energy company has posted its annual report and notice of the upcoming AGM.
The energy company reported widening losses and a significant decrease in cash balance for 2024. Despite some positive developments in its renewable energy segment, the overall financial picture remains challenging.
The energy company has announced that its directors have purchased additional ordinary shares.
The transitional energy company has successfully completed an oversubscribed open offer, raising £0.7 million to support its growth plans.
The transitional energy group has successfully completed an oversubscribed equity raise, securing £4.1 million in net proceeds to fund growth initiatives. However, the raise resulted in significant 26.8% dilution for existing shareholders.
The transitional energy company is raising funds to secure its stake in wind, gas and new upstream assets, as well as to strengthen its balance sheet and enable the demerger of its renewable power business.
The energy company announces routine director dealings, with the Chairman purchasing and selling a similar number of shares.