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Sound Energy plc
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Sound Energy plc (SNEGF) Discusses Balance Sheet Challenges and Rationale Behind Recent Transaction Transcript
Sound Energy PLC (AIM:SOU, OTC:SNEGF), the transition energy company, has agreed to sell its remaining 20% interest in the Tendrara gas development in...
Sound Energy PLC (AIM:SOU, OTC:SNEGF), the transition energy company, has agreed to sell its remaining 20% interest in the Tendrara gas development in Morocco to Managem, the Casablanca-listed mining group, in a deal that will leave it with $11 million of cash. Shares in Sound Energy fell 33% to 3.13p following the announcement.
Arkle Resources PLC (AIM:ARK) shares moved up, rising 12% to 0.73p, after it told investors it has accelerated drilling at its Erongo uranium project in Namibia after Phase 1 geophysical work defined multiple targets across two mineralisation styles. The AIM-listed explorer said the Eastern EPL 8995 paleochannel target is now drill-ready, with around 1,500 metres of reverse circulation drilling planned from June 2026, or at the earliest contractor availability.
BICKLETON, Wash.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the Big Horn I project in Klickitat County, Washington. With a nameplate capacity of 199.5 Megawatts (MW), Big Horn I can generate enough electricity for about 70,000 homes annually. This expands the relationship between Avangrid and PSE, representing the fourth PPA executed by t.
Sound Energy PLC (AIM:SOU, OTC:SNEGF) shares slumped some 38%, to 5.2p, after it secured around US$2.2 million in fresh funding as a revised timetable pushed first gas from its Tendrara Phase 1 micro-LNG project in Morocco into early Q3 2026. The AIM-listed group said it had agreed a €1.3 million term loan facility and completed a £0.5 million equity placing to fund working capital through to first gas, while also providing initial backing for Tayra Energy SAS, its newly formalised solar joint venture with Gaia Energy.
Sound Energy PLC (AIM:SOU, OTC:SNEGF) shares slumped some 38%, to 5.2p, after it secured around US$2.2 million in fresh funding as a revised timetable...
