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Edenville Energy PLC (EDL)

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Wednesday 03 March, 2021

Edenville Energy PLC

Tanzania Update

RNS Number : 9284Q
Edenville Energy PLC
03 March 2021
 

3 March 2021

 

EDENVILLE ENERGY PLC

("Edenville" or the "Company")

 

Tanzania Update  

Edenville Energy Plc (AIM: EDL), the AIM quoted company operating the Rukwa Coal Project in southwest Tanzania ("Rukwa") provides the following operational update. 

The Company continues to work with its strategic partner Infrastructure and Logistics Tanzania Ltd ("ILTL") regarding the proposed handover of operations at Rukwa and will provide shareholders with a further update as soon as a formal handover date has been agreed.

In the interim period, the Company continues to satisfy existing contracts and is pursuing additional contracts with both existing and potential customers.

In addition, the Company has received new East African enquiries regarding power generation capacity and is continuing discussions with the Tanzanian Government regarding a future power plant development at Rukwa.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

For further information please contact:

 

Edenville Energy P lc

Jeff Malaihollo - CEO & Chairman

 

+44 (0) 20 3934 6630

SP Angel Corporate Finance LLP

(Nominated Adviser)

David Hignell

Charlie Bouverat

 

+44 (0) 20 3470 0470

Brandon Hill Capital Ltd

(Broker)

Oliver Stansfield, Jonathan Evans

 

+44 20 7936 5200

 

IFC Advisory Limited

(Financial PR and IR)

Tim Metcalfe

Florence Chandler

 

+44 (0) 20 3934 6630

 

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