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Kibo disposes of its Botswana coal interest

Kibo disposes of its Botswana coal interest
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KIBO ENERGY PLC – Sale of Coal Interest in Botswana Coal-Based Power Project - Sens

Kibo Energy Enters into Agreement for Sale of its Coal Interest in Botswana Coal-Based Power Project (“the Project”) Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company, is pleased to announce that pursuant to the Company’s declared strategy to divest of all its coal assets, Kibo has entered into a definitive share sale agreement (“the Agreement”) with Shumba Energy (Pty) Ltd (‘Shumba’) for the sale of the Company’s remaining 35% equity holding in Kibo Energy Botswana Pty (Ltd) (“Kibo Energy Botswana”) in which Kibo held its interest in the coal resources associated with the Project

Kibo Energy to sell stake in Botswana coal power project

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Agrees to sell its 35% interest in Kibo Energy Botswana Pty to Shumba Energy Ltd for USD375,000. Says the.

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