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8 December 2023 |
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AIM: RUR |
Rurelec PLC
("Rurelec" or "the Company"
And with its subsidiaries the "Group")
Completion of the Disposal of Cochrane Power Limited and its Chilean Subisidiaries
Further to the announcement of 31 October 2023, Rurelec PLC (AIM: RUR), the AIM Rule 15 cash shell and owner of Turbines, today announces that the disposal of Cochrane Power Limited and its Chilean subsidiaries (Rurelec Chile SpA, Rurelec Chile Limitada, Termoelectrica del Norte, S.A. and Central Illapa, S.A.) (together the "Cochrane Group") which were originally formed with the intention to develop, own and operate power stations in Chile, has been completed as all the conditions precedent have now been met. Accordingly the sum of £25,000, being the total consideration for the disposal, has now been received
For further information please contact:
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Rurelec PLC |
WH Ireland |
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Andrew Coveney Executive Director |
Katy Mitchell James Bavister |
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+44 (0)7710 836312 |
+44 (0)20 7220 1666 |
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