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 psj567on May 07, 2015 12:36pm
96 Views
Post# 23704678

REO Secures Government Permits

REO Secures Government PermitsREO issuued a new press release yesterday disclosing the majority of Serbian government approvals for construction of the Brodarevo Hydroelectric Projects have been secured. This is a significant milestone for REO as it is can now secure the final building permits in a very short time period. With all the other major rivers in Europe that can be dammed having been dammed, the River Lim in Serbia is the last one avaiable. The market does not understand what a valuable asset REO holds in this regard. Some major energy player in the region from Italy, Austria, France such as ENEL or GDF SUEZ (now ENGIE), will likely acquire this project. While management has stated in the past that it would like to partner with somebody on this project, it makes much more sense for an energy company to acquire the project outright. REO is significantly undervalued now that the Brodarevo Hydro Project has been substantially de-risked.
Bullboard Posts