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Full interview: New PPA and funding update from Tlou in Botswana

Proactive London linked up with Tlou Energy Limited (LON:TLOU) executives in Botswana for a full 2019/2020 update on how and where the business is going - and the news was upbeat.

Tlou is running a huge gas asset in Botswana with 9,300 sq km of acreage and proven gas (CBM) reserves with CEO Tony Gilby and Executive Director Gabaake Gabaake (nicknamed GG) excited about what's to come following the appointment of a new government minister who's on board with the Tlou story. News here too on approvals, funding status and details of their new PPA.

It's all about energy security for Botswana as they currently import almost half of their electricity. Tlou wants to combine gas and renewables and supply the grid, reducing that reliance on outside sources.

Quick facts: Tlou Energy Limited

Price: 1.5 GBX

Market: AIM
Market Cap: £6.75 m

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Tlou Energy's Tony Gilby confident as it advances towards PPA negotiations

Tlou Energy's (LON:TLOU) Tony Gilby updates Proactive London's Andrew Scott following the release of its half yearly report. He says they're continuing to flow gas and dewater the Lesedi gas production pods and have received a regulatory document in support of the tender for its coal bed...

on 27/2/20

2 min read