Sureserve Group acquires CorEnergy for £7.5 million

LONDON, UK: Sureserve Group (LON: SUR) has acquired the entire issued share capital of CorEnergy Limited, a business focused on delivering sustainable energy solutions for public and private sector organisations, a bourse filing said. The maximum total consideration payable for CorEnergy is £7.5 million, with an initial £5.9 million payable on completion, to be satisfied…

South32 finalises energy supply agreement for Hillside Aluminium

LONDON, UK: South32 Limited notified the National Energy Regulator of South Africa has approved a long-term energy supply agreement between Eskom Holdings SOC Limited (Eskom) and Hillside Aluminium smelter. The agreement secures the smelter’s energy supply until 2031, under a tariff that is South African rand based with a rate of escalation linked to the…

Kibo Energy to supply 200MW to Tete Steel and Vanadium Project

LONDON: Kibo Energy PLC, Africa focused energy company, has signed a binding term sheet with Baobab Resources Ltd to supply 200 MW energy to its Tete Steel and Vanadium Project (TSV Project) in Mozambique. Louis Coetzee, CEO of Kibo, said: “We are delighted to have secured this strategically important agreement with Baobab. The TSV Project…