South African Tycoon Motsepe Plans to Boost Clean Power Generation Seven Fold [Business News Network (BNN) (Canada)]
ABSA GROUP LTD S/ADR (AGRPY)
NASDAQ:AMEX Investor Relations:
absa.co.za/about-us/absa-bank/investor-relations
Company Research
Source: Business News Network
sevenfold to become one of the biggest clean electricity providers on the continent. The Johannesburg-based company ultimately has a target of adding as much as 5,000 megawatts of assets. It's invested in more than 700 megawatts already and looking with partners at an additional 2,000 megawatts by the end of the second quarter next year. A rule change that allows generators to set up projects of as much as 100 megawatts without seeking a license has provided a recent boost for AREP. “We've always thought we should build up scale” and create a significant energy company, said AREP Chief Executive Officer Brian Dames. That's meant involvement in projects realized through South African government auctions to buy power as well as generation for commercial use. The company also plans to have capability as an operator. Dames, an ex-CEO of state-owned utility Eskom Holdings SOC Ltd., joined Motsepe in 2014 to become the first head of the energy company with a focus on renewables. Sou
Show less
Read more
Impact Snapshot
Event Time:
AGRPY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AGRPY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AGRPY alerts
High impacting ABSA GROUP LTD S/ADR news events
Weekly update
A roundup of the hottest topics
AGRPY
News
- South Africa Life Insurance Market, Key Trends and Opportunities, Featuring Sanlam Life, Old Mutual Life, Liberty, Discovery Life, Discovery Invest, Guardrisk Life, The Hollard Life and ABSA Group [Yahoo! Finance]Yahoo! Finance
- South Africa Manufacturers Turn Upbeat as Logistic Woes Start to Ease [BNN Bloomberg (Canada)]BNN Bloomberg
- Angola Inflation, Growth Worries Point to Close Rate Call [Yahoo! Finance]Yahoo! Finance
- Angola Inflation, Growth Worries Point to Close Rate Call [BNN Bloomberg (Canada)]BNN Bloomberg
- African Data Center Firm Teraco to Build Out Giant Power Plant [BNN Bloomberg (Canada)]BNN Bloomberg