Testimonials

Kapok Capital advises Reservoir Capital Corp. on acquisition of 60% interest in Kainji Power Holdings Limited

We are pleased to advise that Kapok Capital has advised Reservoir Capital Corp, a Canadian listed company investing in renewables projects in emerging markets, on the acquisition of a 60% interest in Kainji Power Holdings Limited (KPHL) in a share swap transaction.

KPHL holds an interest in Mainstream Energy Solutions Limited, the company which holds the concession to operate the Kainji and Jebba hydroelectric projects in Western Nigeria.  The Kainji and Jebba projects have a capacity of 922 MW and generate roughly 20% of the electricity in Nigeria.

The transaction remains subject to shareholder and stock exchange approval.

Full details of the transaction are available at  http://www.reservoircapitalcorp.com/s/News.asp?ReportID=834615

Independent Oil & Gas closes GBP 15 million facility for Harvey Appraisal well

Our client, Independent Oil and Gas plc (“IOG”) has closed a GBP 15 million loan facility from London Oil & Gas Group to fund an appraisal well on its Harvey gas field in the Southern North Sea.  The Harvey field is 100% owned and operated by IOG and contains mid-case prospective gas resources of 114 Bcf. If successfully appraised, the Harvey field will substantially increase the gas reserves that IOG can produce through its Blythe field hub, with gas production transported through IOG’s Thames Pipeline to the Bacton gas processing facility on the Norfolk coast.

Kapok Capital is pleased to have played a supporting role in this transaction. We are continuing to work  with IOG on other initiatives to advance the development of its gas resources to production stage.

Further details of the transaction are available at:  https://www.independentoilandgas.com/news_detail.php?Title=Completion-of-Harvey-Funding,-Seismic-Reinterpretation-Results-and-Harvey-Appraisal-Well-Preparation

Kapok Capital advises Reservoir Capital Corp. on acquisition of 60% of Kainji Power Holdings Limited

We are pleased to advise that Kapok Capital has advised Reservoir Capital Corp, a Canadian listed company investing in renewables projects in emerging markets, on the acquisition of a 60% interest in Kainji Power Holdings Limited (KPHL) in a share swap transaction.

KPHL holds an interest in Mainstream Energy Solutions Limited, the company which holds the concession to operate the Kainji and Jebba hydroelectric projects in Western Nigeria.  The Kainji and Jebba projects have a capacity of 922 MW and generate roughly 20% of the electricity in Nigeria.

The transaction remains subject to shareholder and stock exchange approval.

Full details of the transaction are available at  http://www.reservoircapitalcorp.com/s/News.asp?ReportID=834615

FCA Authorisation

We are pleased to announce that Kapok Capital is now authorised and regulated by the UK Financial Conduct Authority as a corporate finance advisory firm.  (Firm No. 793706)  This is a great step forward in being able to provide fundraising and M&A advice for our clients in the resource, renewables and infrastructure sectors.