Chariot Ltd secures financing for its investment in the Zen and Bergriver wind energy projects in South Africa. The company’s shares climbed nearly 10% following the announcement. The funding supports development of the two wind generation facilities in the region.
Chariot Ltd has regained control of its offshore licences in Morocco after Energean PLC returned the assets. The transfer restores Chariot’s operational rights over the Moroccan offshore energy concessions previously held by Energean.
Chariot Limited shareholders are set to approve the company’s recent fundraising efforts at a general meeting. The vote follows the company’s capital-raising initiative, which aims to support its operations and may influence its share price trajectory. The meeting marks a key step in transitioning the company’s financial position.
Etana Energy secures a power purchase agreement with Growthpoint Properties in South Africa. The deal marks a significant step toward stabilizing energy supply for commercial real estate. Growthpoint Properties, a major property developer, will benefit from a reliable energy source for its portfolio.