News & Publications

Press Releases

Strategic Investment - Placing of 6,000,000 new shares for cash

24 October 2006

IPSA, the AIM and AltX dual listed independent power plant developer with operations in southern Africa, announces that on 24 October 2006 STANLIB Asset Management Limited ("Stanlib") agreed to subscribe for 6,000,000 new ordinary shares of 2 pence each in a placing for cash ("the Placing") at a placing price of 6.05 Rand (approximately 42 pence) per ordinary share in IPSA. Following the Placing Stanlib will be interested in 9.07 per cent. of the enlarged issued share capital of the Company.

Read more: Strategic Investment - Placing of 6,000,000 new shares for cash

New generation projects in South Africa and progress report on Newcastle project

06 March 2006

IPSA Group Plc ("IPSA" or "The Company") is pleased to announce a number of important developments.

Read more: New generation projects in South Africa and progress report on Newcastle project

Completion of equipment purchase and groundbreaking for Newcastle power project in South Africa

01 November 2005

IPSA Group PLC ("IPSA"), the independent power plant developer in southern Africa, today announces that it has completed the purchase of an 18MW CHP plant in Bury, East Lancashire and has begun shipment of the plant to South Africa.

Read more: Completion of equipment purchase and groundbreaking for Newcastle power project in South Africa

New AIM arrival targets spiralling power demand in Southern Africa

19 September 2005

We've all heard of taking coals to Newcastle. New AIM arrival IPSA Group plc is going one step further by taking a whole power plant.

IPSA, which arrives on AIM tomorrow, will dismantle a power plant in Bury, Lancashire, and ship it 6,000 miles to Newcastle, KwaZulu Natal in South Africa - a dramatic demonstration of the spiralling demand for more electricity in the region.

Read more: New AIM arrival targets spiralling power demand in Southern Africa

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