Kibo Energy PLC is focused on a rapid transition to renewable energy, the related reserve power markets, Waste to Energy and bioenergy with vertical integration exposure to critical metals (gold / green metals / battery metals). Kibo Energy (KIBO.L) is listed on the AIM market in London and the AltX in Johannesburg. Essentially the company is addressing the rapidly expanding dispatchable power (electricity market), which is experiencing rapid demand growth because of the focus on renewable (intermittent power) electricity generation (these drivers in turn reduce the demand for base load electricity generation assets).
Kibo Energy has a significant 61.27% stake in UK publicly listed company, Mast Energy Developments Plc, (MED.L) which is building a portfolio of flexible energy projects in the UK. This has given Kibo an entry to the UK reserve power market.
Kibo Energy has entered the UK waste-to-energy (WTE) market directly and in time it plans to introduce the reserve power market model and WTE model to its operations in Africa. Kibo Energy is exposed to the critical metals (gold, green metals / battery metals) via its Katoro Gold Plc (KAT.L) stake (20.1%). Katoro Gold is an AIM-listed company with projects in South Africa.
Kibo Energy also has significant stakes in a series of sub-Saharan coal-to-power projects, which it is transitioning to waste-to-energy (WTE) feedstocks or preparing for orderly sale.