
For RNS Announcements please go to Press Releases
Latest Share Price Information
IPSA Group PLC is a company incorporated in England & Wales established to develop, own and operate power generation capacity in southern Africa. IPSA’s main country of operation is South Africa where is also registered as an external company.The company has been quoted on the AIM narket of the London Stock Exchange PLC since September 2005 and on the AltX market of the Johannesburg Stock Exchange since October 2006.
The Company's management has an established track record in developing power projects worldwide and with relevant experience in the electricity sector in South Africa.
1) The development and ownership of power generation facilities in Southern Africa in order to sell electricity and/or heat or steam to companies and communities on commercial terms;
2) In due course, the purchase, refurbishment and operation of existing power plants in the region.
For the majority of its projects, the Group intends to own the Project Company outright. However, where the Directors consider it advantageous, the Group will develop its power generation assets in conjunction with a project partner including Broad Based Black Economic Empowerment ("BEE") partners.