Rurelec PLC Update regarding Energia del Sur S.A. (4760D)
April 27 2017 - 2:01AM
UK Regulatory
TIDMRUR
RNS Number : 4760D
Rurelec PLC
27 April 2017
Rurelec PLC
("Rurelec" or the "Company")
Update regarding Energia del Sur, S.A.
Further to the announcement of 12 April 2017, the Directors of
Rurelec (AIM:RUR), the owner, operator and developer of power
generation capacity in South America, have been informed that
engineers at EDS have managed to source unused equipment held as
strategic spares by a third party which they believe can be
engineered to fit the EDS power plant. Once installed and
connected, which is expected to occur before mid-May, the plant as
a whole will be tested and generating operations resumed. There is
a risk, however, that the testing could reveal secondary damage to
other areas of the plant as a result of the unplanned rapid
shutdown when the incident happened. As the situation is dynamic,
the Directors still cannot be certain of the financial impact, if
any, that the unscheduled power outage will have on Rurelec, but
consider the latest development to be positive.
A further announcement will be made as necessary.
For further information please contact:
Rurelec PLC W H Ireland
Simon Morris, Director Paul Shackleton and
Andy Coveney, Director James Bavister
Tel: 020 7025 8026/8 Tel: 020 7220 1666
This information is provided by RNS
The company news service from the London Stock Exchange
END
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