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Group Five Ltd announces significant contract award


Thursday, 21 Aug 2014 09:43am EDT 

Group Five Ltd:Says further group has now been awarded 4 bln rand engineer, procure and construct (EPC) contract by Ghanaian group Cenpower Generation Company Ltd (Cenpower).For design and build of 350 megawatt (MW) gas- and oil-fired combined cycle power plant in municipality of Kpone within Tema industrial zone in Ghana.Project is subject to certain conditions precedent and must now proceed to commercial and financial close, which includes equity and debt closures, which will take place over the coming weeks between Cenpower and the providers of the debt funding. 

Company Quote

2850.3293
118.0 +4.21%
27 May 2015