Kibo Mining (GB:KIBO) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Mast Energy Developments PLC (MED), a subsidiary of Kibo Energy PLC, has successfully completed the refurbishment of a power generation unit at the Pyebridge site, leading to increased revenue through a Power Purchase Agreement with Statkraft and a Capacity Market contract. MED is also in advanced talks for the acquisition of a 10MW power generation site in south-western England, aiming for a quicker and cost-effective expansion. Despite Kibo Energy’s restructuring, MED assures stakeholders of its operational and financial independence.
For further insights into GB:KIBO stock, check out TipRanks’ Stock Analysis page.
