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IN BRIEF: Cadogan says power generation infrastructure operational

ALN

Cadogan Energy Solutions PLC - Ukraine- and Italy-focused oil and gas company - Announces that, as of Wednesday, all its decentralised power-generation infrastructure is operational. The company says it successfully launched its third tranche of 3.1 megawatts. Further, it says that despite regulatory delays due to the ongoing war in Ukraine, its team ‘demonstrated exceptional professionalism and commitment to this important project delivery.’ Cadogan Energy Solutions says: ‘This achievement reinforces Cadogan’s business model of a multi-energy group with significant investments and operations in the power generation sector.’

Current stock price: 4.00 pence each, closed 6.7% higher on Thursday in London

12-month change: down 5.9%

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