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An update from Kibo Mining ( (GB:KIBO) ) is now available.
Kibo Energy PLC has announced a conditional agreement to acquire Carbon Resilience Pte Limited, a company with a portfolio of renewable energy projects in Queensland, Australia, with a potential generation capacity of over 14GW. This acquisition aligns with Kibo’s strategy to develop large-scale clean power solutions, supporting various industries and contributing to climate change mitigation and economic growth. The transaction is structured as a reverse takeover and is subject to several conditions, including shareholder approval and additional fundraising efforts.
More about Kibo Mining
Kibo Energy PLC is a company incorporated in Ireland, operating in the renewable energy sector. It focuses on utility-scale industrial decarbonisation and renewable energy projects, including onshore wind, solar, and battery energy storage solutions.
Average Trading Volume: 162,637
Technical Sentiment Signal: Sell
Current Market Cap: £956.5K
See more data about KIBO stock on TipRanks’ Stock Analysis page.