The state-owned Central Energy Fund (CEF) has completed its due diligence related to an agreement with JSE-listed Renergen to invest R1 billion for a 10% stake in the gas company’s 20-year Virginia Gas Project, based in the Free State. This follows Renergen’s recent announcement that the project, which will produce liquid helium and liquified natural gas (LNG), was in its final commissioning work streams with commercial operations at customer sites expected to commence at the end of July.
top of page
Search
Recent Posts
See AllMendell Helium signed an agreement to dispose of its health & wellness business, Voyager, to Orsus Therapeutics. The disposal includes...
Quebec Innovative Materials Corp (QIMC) received approval from FINRA (Financial Industry Regulatory Authority) on October 8, 2024,...
Proton Green, helium producer from the St Johns Helium Field, Arizona, appointed Terrence F. Martell, Ph.D., a distinguished finance...
bottom of page
Comments