Ncondezi completes bridge loan to fund solar-battery project
4th May 2021 16:12
(Sharecast News) - Ncondezi Energy announced the completion of the $0.5m bridge loan between its wholly-owned renewables subsidiary Ncondezi Green Power (NGP) and certain company directors on Tuesday, to finance the construction of its commercial and industrial 400kWp solar photovoltaic and 912kWh battery storage project in Mozambique.
Read moreDirector dealings: Ncondezi director ups stake
8th Apr 2021 17:00
(Sharecast News) - Ncondezi Energy revealed on Thursday that non-executive director Scott Fletcher had acquired 10.0m ordinary shares in the AIM-listed firm.
Read moreNcondezi Energy agrees historical costs with CMEC
4th Jan 2021 09:08
(Sharecast News) - Ncondezi Energy updated the market on historical development cost reimbursement negotiations with China Machinery Engineering Corporation (CMEC) for its integrated Ncondezi 300MW coal-fired power project and coal mine in Tete, Mozambique on Monday.
Read moreNcondezi raises £0.75m for general working capital
25th Nov 2020 15:17
(Sharecast News) - Ncondezi Energy has raised £0.75m before expenses through an oversubscribed placing, it announced on Wednesday, for general working capital purposes.
Read moreNcondezi Energy pushes time frames for coal power project
19th Jun 2020 10:12
(Sharecast News) - Ncondezi Energy updated the market on developments at its integrated Ncondezi 300MW coal-fired power project and coal mine in Tete, Mozambique on Friday, following the formal submission of an updated power tariff on 31 March.
Read moreMonday broker round-up
11th May 2020 13:48
(Sharecast News) - Diploma: Peel Hunt downgrades to hold with a target price of 1,650p.
Read moreThursday broker round-up
7th May 2020 13:55
(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 212p.
Read moreNcondezi finalises relationship agreement with GridX
6th May 2020 16:01
(Sharecast News) - Ncondezi Energy has finalised a binding agreement with GridX Africa Development for a pipeline of solar and battery storage projects in the commercial and industrial (C&I) sector, it announced on Wednesday.
Read moreNcondezi Energy on track for tariff submission
17th Jan 2020 14:38
(Sharecast News) - Ncondezi Energy updated the market on its power tariff finalisation and submission process for the integrated 300MW coal-fired power project and coal mine in Tete, Mozambique on Friday, reporting that the tariff financial model was on track for submission to its strategic partners at the end of January.
Read moreNcondezi Energy appoints Christiaan Schutte as chief operating officer
15th Oct 2019 09:18
(Sharecast News) - Ncondezi Energy announced the appointment of Christiaan Schutte as the company's interim chief operating officer on Tuesday, as well as the appointment of Pimlico Advisory to provide investor relations services to the company.
Read moreHanno Pengilly promoted to CEO of Ncondezi Energy
9th Oct 2019 15:00
(Sharecast News) - Ncondezi Energy announced the appointment of Hanno Pengilly as a director and its new chief executive officer on Wednesday.
Read moreNcondezi raises £1.88m to enter joint venture with GridX
5th Apr 2019 15:08
(Sharecast News) - Ncondezi Energy announced on Friday that it had entered into a term sheet with GridX Africa Development - an African power developer - which would enabling it to enter into a joint venture focussed on building and operating captive solar and battery storage solutions for the African commercial and industrial sector.
Read moreNcondezi makes progress on Tete Mozambique project
28th Dec 2018 15:28
(Sharecast News) - Ncondezi Energy updated the market on its process to conclude a binding joint development agreement for its integrated 300MW power and coal mine project in Tete Mozambique on Friday.
Read moreNcondezi receives restructuring support from lenders
30th Aug 2018 16:00
(Sharecast News) - Ncondezi Energy has received "in principle" support from its lenders to enter a loan restructuring proposal, concluding a binding joint development agreement for the AIM-listed firm's integrated 300-megawatt power and coal mine project in Mozambique.
Read moreNcondezi Energy shares sink as Mozambique coal project delayed
26th Jul 2018 12:57
(Sharecast News) - Shares in Ncondezi Energy plummeted on Thursday after the company delayed completion of a joint development agreement (JDA) for its project in Mozambique.
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