Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Reservoir Capital Corp RSERF

Reservoir Capital Corp. is a Canada-based clean power investment vehicle concentrating on operational power projects located in emerging markets. The Company has two minority equity investments in its portfolio, both held through its wholly owned Mauritius SPV, Kainji Power Holding Ltd, giving the Company approximately 46 megawatts (MW) of net operating capacity in four hydropower assets. Its first investment is a minority interest in Mainstream Energy Solutions Ltd (MESL), the concessionaire of two Nigerian hydro power plants located at Kainji and Jebba on the Niger River with a combined operating capacity of 922 MW. Its second investment is a majority interest in Olocorp Nigeria Ltd, which itself holds a minority interest in North South Power Company Ltd (NSP), the concessionaire of two Nigerian hydro power plants located at Shiroro and Gurara, both on the Kaduna River with a combined operating capacity of 630 MW.


GREY:RSERF - Post by User

Bullboard Posts
Post by Byteson Feb 16, 2010 12:26pm
382 Views
Post# 16788114

NR - Additional Recap

NR - Additional RecapExcellent REO news today. 


My take:

- Organic growth (increasing from 48 - 55 MW), as intended, at Brodarevo

- Export prices of electricity will be at prices substantially above market

- All is on schedule, as planned, pre-feas should be complete in a month

- Very close to signing PPA's:

Step 1 - done:  Agreement between the gov'ts:

"The Italian and Serbian governments have signed an agreement whereby Serbia will export green energy into Italy at prices substantially above those of the local market."

Step 2 - in process:  Signing the PPA's w/ energy trading groups:

"The company is engaged in discussions with various energy trading groups with the intent of signing an indicative power purchasing agreement for the sale of electricity into the Italian market."


Bullboard Posts